Energy: Feed-in Tariffs
The question
To ask the Secretary of State for Energy Security and Net Zero, whether his Department has made an assessment of the implications of retrospectively changing the indexation mechanism for existing Feed‑in Tariff contracts on investor confidence; and if he will ensure that no further retrospective adjustments, including freezes, reductions, or early termination of agreed payments, will be applied to existing scheme participants.
Answered by Michael Shanks
An analytical annex, including an assessment of the potential impacts of this policy, was published alongside the Government response.
The Government considers that the change to indexation strikes an appropriate balance between reducing costs for consumers and maintaining investor confidence in the UK’s renewable energy sector. The Government remains committed to supporting accredited Feed-in Tariff generators for the remainder of their support period.
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