Britain to launch new scheme to pay households for unused renewable power

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Britain to launch new scheme to pay households for unused renewable power
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Britain will launch a new scheme to pay households producing energy from renewab...

FILE PHOTO: Solar panels on refurbished homes reflect the sun in Stoke-on-Trent, Britain February 10, 2017. REUTERS/Darren Staples/File Photo

Around 800,000 homes in Britain have solar panels installed and the scheme will replace a feed-in-tariff system which ended in April. Monthly installation of new solar panels in Britain fell to a 9-year low in April, following the end of the feed-in-tariff scheme, provisional government data shows. “If households with panels and batteries can store electricity and sell it back to the grid when it is most needed we could see some homes with negative power bills,” said Greg Jackson, CEO of British energy supplier Octopus, which is one of a small number of suppliers already offering an export tariff.

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