Better Market Rates for London Solar Projects?

London based Solar PV generators may soon be able to sell the electricity they generate to the at an increased rate following an application for a Licence Lite by the city.  The Greater London Authority is the very first authority to apply to Ofgem for the new type of electricity supply license.   The license will initially allow the GLA to buy excess electricity produced by London’s boroughs and public bodies before able to sell it on, at cost price, to other public sector organizations such as Transport for London, the Met Police and NHS hospitals.

However, London Mayor Boris Johnson is currently actively exploring the possibility of widening the license to include private sector small energy producers as well, including Solar PV arrays. Read the rest of this entry »

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