EDITOR – Keen as I am to invest in cost-effective renewable energy, I wish to caution that the ELDC scheme to ‘invest’ half a million pounds of taxpayers’ money in a solar panel scheme is not the wonder it may appear.
On the face of it this looks like ‘win, win’. However, not only is the initial capital cost to be met by hard-pressed council tax payers, all the returns, payback time and accounting figures are again coming out of taxpayers’ pockets.
The Government sets and backs the feed-in tariff rates, and we all pay through the ‘Green Energy’ surcharge currently (no pun intended) being heaped on top of our already-unaffordable electricity charges.
No wonder 20 per cent of households are now moving into fuel poverty.