Government Shambles on Solar Tariff
The historic cathedral, that was rebuilt after Nazi bombing raids in the Second World War, was thinking of investing over one hundred thousand pounds installing the panels.
However cuts in the so-called ‘Feed in Tariff’ offered by the Government now make the project financially impossible.
At the beginning the offer of 43 pence for every unit of energy generated meant that the cathedral would be able to pay back the costs of the investment and make money on top.
But the Government’s decision to slash the so-called ‘Feed in Tariff’(FITS) by over half to 21p means that this is now financially impossible.