New measures to deal with the projected over-allocation of renewable energy subsidies have been announced today, following recent consultations.

Renewable energy subsidies are paid for via energy bills through a number of schemes including the Feed-in Tariff scheme and Renewable Obligation scheme. Government decided on a set amount that would be paid to renewables by 2020 and earlier this year, the Office for Budget Responsibility projected that the amount would be exceeded, meaning bill payers would have to pay more. Government has since taken action to reduce this overspend which includes the announcements being made today.
Feed-in Tariff

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