Changes were hurried through to see FiTs on small-scale solar panels reduced by almost half, to around 21p, a development that came after many homes had installed costly panels expecting a higher return.
Reducing the rate may have been necessary with so many households eager to fit the devices, but announcing the changes in October with the new rate set to come into effect in December will noticeably impact on gas and electric prices for those households utilising solar panels.
Commenting on the FiTs changes, Liz Laine, energy expert at Consumer Focus, said: "The government needs to manage the costs of the Feed-In Tariff scheme as it comes out of consumers' pockets.
"But it must also make sure the scheme works for the people who sign-up to it. We're concerned that consumers are likely to lose out due to the speed with which changes to solar panel subsidies are being rushed through."
Please ensure that you fully read the terms & conditions of any product or policy before you decide to proceed and are fully aware of the total costs and the benefits and any exclusions or limitations applicable to the product or plan.
Please note that the product links will take you direct to the Issuer or Insurer's site direct and we cannot be held responsible for the information which they provide within their own sites. On some comparison tables we use a star rating which rates products by visitor popularity.
Freedom Marketing Ltd is also authorised and regulated by the Financial Conduct Authority as a Credit Intermediary for all consumer credit products listed on our sites, with the exception of products from the following providers: Tesco Bank, Royal Bank of Scotland Group and Nationwide Building Society. Our CCL number is 624508/1.
The Financial Ombudsman Service (FOS) is an agency for arbitrating on unresolved complaints between regulated firms and their clients. Full details of the FOS can be found on its website at www.financial-ombudsman.org.uk.