¥Overcomes barriers: guarantees
grid access; premium price guarantees support for the technology; 20-year tariff
periods allow full investor confidence.
¥Supports installations of different sizes and technologies: In addition to large RE projects for wind, solar
etc, householders can now get a guaranteed payback on a solar roof in just a few years,
rather than 20-30 years. The 100,000 solar roof programme helped meet costs with subsidies.
¥Promotes innovation: Annual reduction of tariffs for new installations
drives technological efficiency.
¥Drives economies of scale:
investment and demand are rising, and manufacturing expansion is taking place
globally in response, lowering costs further.
¥Promotes stability: Change of
government does not affect system, as it does not cost taxpayers anything through
taxes, and so cannot be cut from national budget.
¥Promotes public support: Through
public participation in the scheme, no direct taxpayer costs, support for the
nuclear phase-out, and awareness levels being very high in general.
¥All possible when implemented properly!