PARLIAMENTARY WRITTEN QUESTION
Renewable Energy: Feed-in Tariffs (15 October 2015)
Question Asked
Asked by:
Alison McGovern (Labour)
Answer
The cost to consumers of the feed-in tariff scheme (FITs) in 2014/15 will be around £850m (in 11/12 prices). Our central estimate of the cost to consumers of FITs in 2020/21 is £1600m (11/12 prices) in the ‘do nothing’ option of the consultation impact assessment. The FITs levelisation fund in 2011/12, indicating total annual spend on the scheme at that point, was £151m (also in 11/12 prices). Therefore installations accredited in 2011/12 or before are forecast to make up approximately 18% of current spend on the scheme and 10% of the FITs LCF estimates in 2020/21.
Answered by:
Andrea Leadsom (Conservative)
20 October 2015
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