DECC announced recently that the tariff rate for solar PV installations below or equal to 4kW in size will not fall below 21p for installations between 12th December 2011 and March 31, 2012. It's therefore time to act now.
At the rate of 21p/kWh solar panels are still a sound investment. Just look at the figures -at this (Feed in Tariff) FIT rate, the potential payback on a £9,999 investment over 25 years would be £24k - much higher than a bank account at an interest rate of 2.84% - which would give £15,209 over the same period.
The best advice at the moment for anyone thinking of installing solar panels is ignore the negative press about FITs and look at the real returns they can provide - and act quickly!