Good news, hot off the press. We have been waiting for this announcement with bated breath. It’s been a long time coming and now that it’s landed we felt the urge to share it with you. There’s a microgeneration support scheme (MSS) in town (or soon to be, following final design submission and government approval. Fingers crossed.) which will allow businesses, citizens and communities who generate their own renewable energy to sell it to the grid. That means your PV solar panels will be working harder than ever before to reduce your bills and make you money. January just got brighter!
On Jan 14th 2021 the Irish Times reported that the Minister for the Environment, Climate and Communications Eamon Ryan announced design options and a consultation process before the roll out of the scheme. As part of this process individuals and communities are invited to express and submit their views on the scheme on or before the 17th of Feb 2021. Once this has taken place a final design will be submitted for governmental approval.
Read the article in full here.
The scheme itself is a response to a solar strategy commitment set out by the government while also getting in line and complying with the EU clean energy package. It works to aid Ireland in the transition to a net-zero carbon economy. A win win win situation.
“It will allow people and communities to become active participants in the energy transition. By producing and selling their own electricity citizens, farmers, business owners and community organisations can save on their energy costs and reduce their carbon footprint. I urge interested parties to get involved and have their say.” – Eamon Ryan, Minister for the Environment, Climate and Communications
This is exciting stuff. Combined with the ongoing grant relief, the scheme makes this year a great time to invest and get solar panels working for you. A similar scheme, Feed in Tariff (FIT), was introduced in the UK in 2010 with tariff rates you have to see to believe.
An example of the UK rates when Feed in Tariff (FIT) was first introduced. You can see these rates in more detail here.
As with the Irish scheme, it was rolled out to encourage people to invest in renewable and low-carbon electricity generation technologies. While we will have to wait and see what the MSS proposal outlines, there was an application queue for entry into the UK equivalent.
Is it time to get the skates on and jump in?
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