Brüderle: Up to 17% Cut in Solar Feed-In Tariffs in April

FAZ quotes Economics Minister Rainer Brüderle (FDP) on plans of the German government to cut solar feed-in tariffs by 16 to 17% starting in April.

This would be in line with previous rumours on a reduction of the current solar feed-in tariffs beyond the annual reductions prescribed in the Renewable Energy Sources Act (EEG).

This year Germans would pay EUR 3 billion for solar power through their electricity bills.  The Federal Ministry of Economics and Technology reportedly commissiond a study backing up a 15 to 17% reduction. The 9 to 11% annual reductions presently provided in the EEG would be insufficient, as in 2008 photovoltaic prices had come down by 30%. For the coming years, the Ministry’s experts expected further cost reductions of 6% annually.

Environmental Minister Norbert Röttgen (CDU) is expected to soon provide his proposal for a reduction.  It is not clear yet to what extent his proposal will be in line with the figures suggested by Mr. Brüderle. The proposal will have to be discussed within the coalition government and in parliament. A review of the solar feed-in tariffs had already been agreed in the coalition agreement.

The German solar industry is raising concerns about 50,000 jobs that could be in danger if the solar feed-in tariffs would be reduced too far.

Source: faz.net

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