Not exact matches
PV rates change on a monthly basis, and
as of October 2012,
degression is adjusted every three months based on the amount of PV capacity installed during the prior 12 - month period.
This is an important support mechanism where an internationally recognized network
as SolarPACES TCP has a key role and added value and it contributes strongly to cost
degression through common standards and improved bankability.
As with solar PV, cost control will be achieved by price
degression at fixed annual time points from April 2014, with a baseline (i.e. expected)
degression of 5 % each year, but adjusted according to deployment in the previous year, with a minimum reduction of 2.5 % annually in the event of very low deployment, and a maximum of 20 % for very high deployment.
Be that
as it may,
as it turned out, a more substantial
degression may have been needed, DECC had initially estimated that the FiT would put # 11p.