Catherine West – 2016 Parliamentary Question to the Department for Energy and Climate Change
The below Parliamentary question was asked by Catherine West on 2016-03-10.
To ask the Secretary of State for Energy and Climate Change, how much funding the Government allocated to incentivising installation of (a) solar panels and (b) home insulation in each year since 2010.
Andrea Leadsom
Solar panels have primarily been incentivised to date through two schemes: the Renewables Obligation, which typically supports larger installations, and the Feed-in Tariff, which supports smaller projects.
The value of the Renewables Obligation for solar PV in each year since 2010 is show in the following table:
|
Financial Year |
Renewables Obligation PV scheme value, £m (nominal) |
|
2010-11 |
£0.2 |
|
2011-12 |
£0.1 |
|
2012-13 |
£0.9 |
|
2013-14 |
£34.9 |
|
2014-15 |
£133.9 |
A proxy for the total spend each year on all eligible technologies is given by the size of the Levelisation fund. The size of this fund and solar PV’s share of total FiTs capacity is shown in the following table:
|
Financial Year |
Levelisation fund (nominal) |
% solar PV share of total FIT capacity |
|
2010-11 |
£14,435,325 |
69.7 |
|
2011-12 |
£150,756,064 |
90.0 |
|
2012-13 |
£506,328,139 |
86.4 |
|
2013-14 |
£690,991,283 |
84.3 |
|
2014-15 |
£865,553,975 |
81.6 |
It should be noted that the percentage share of capacity does not necessarily equate to the percentage share of total spend under the scheme.
No payments have yet been made to solar PV generating stations under Contracts for Difference (CfDs), although three solar PV projects signed CfDs following the first allocation round.
