September 25, 2022

Taylor Daily Press

Complete News World

Solar panels suspended from subsidies may affect thousands of Flemish businesses and consumers

Solar panels suspended from subsidies may affect thousands of Flemish businesses and consumers

At the beginning of this year, the Flemish government announced that subsidies for large companies’ solar roofs would be cut in order to save on their exorbitant electricity bill. Specifically, it concerns pre-2013 installations that receive subsidies in excess of €200,000 within three years, targeting 1,200 oversubsidized installations spread over 200 companies. Industry association ODE Flanders now fears smaller companies and even many consumers will be affected.


By ending the subsidy, about 1.2 billion euros should be saved.

For example, this measure has an impact on at least 2,000 Flemish industrial establishments, most of which are small and medium-sized enterprises. Rental formulas, various small installations or other subsidies can all ensure that the €200,000 threshold is crossed and thus the assistance is removed. Moreover, thousands of families are at risk if they invest in energy cooperatives or projects where solar panels are rented.

Comments from the Renewable Energy Authority are not appreciated. It would be in the interest of the sector to wait for the advice of the Council of State and the advisory councils rather than (not) block the initiative of the minister. Someone pays the support party, the regular Flemish, and they think it’s enough’, according to Flemish Energy Minister Saturn Demir’s cabinet.

source:
the time

« Previous Post Last Next »

See also  BMW net profit rises 260 percent despite war and Chinese shutdowns | cars companies