[holding answer 19 June 2009]: A low carbon economy represents a huge economic opportunity and is at the heart of the Government’s vision for economic recovery. Budget 2009 committed a further £1.4 billion in targeted support for the low carbon economy.
The Low Carbon Buildings Programme (LCBP) is the Government’s £131 million grant programme which is supporting the installation of microgeneration technologies including solar photovoltaic. The programme is helping to build the supply chain for these technologies and creating a sustainable market. In addition, solar photovoltaic also receives support through the Renewables Obligation (RO). Since 1 April 2009, all microgenerators (50 kW and under) can apply for the highest level of support under the reformed RO (2 ROCs/MWh).
We are committed to having Feed-In Tariffs in place in April 2010. This will provide longer term support for solar photovoltaic industry giving business the confidence to make investment decisions.