Commenting on the UK government’s announcement today of £350m additional support for cleantech industry research, and residential sector energy efficiency measures, David Donnelly, a director specialising in renewable energy at international accountancy firm Mazars said:
“The £350m spending announced today on a mix of cleantech industry research, residential sector energy efficiency measures, and low carbon transport is welcome. However, the generous clarification that householders can sell electricity tax-free is actually hot air until enough people install green energy generators to benefit from clean energy cash-back and feed-in-tariffs. That will only happen when the electricity sector properly launches the metering, grid, and consumer education changes that enable large-scale roll-out. Only when that occurs, will the small-scale renewable energy industry become a major contributor to the UK low carbon economy.”