Thread: FIT slashed
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Andy Burns[_7_] Andy Burns[_7_] is offline
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Default FIT slashed

harry wrote:

On Nov 1, 9:35 am, The Natural

I suspect that within 5 years government spending along with government
income will simply evaporate. When a counterparty in a contract goes
tits up, generally the contract is null and void. Or rather you get a
penny in the pound from the receiver, if anything.


If someone buys their electricity from ABC Energy Ltd, and also has a
FIT contract, do they get their kickback from ABC Energy Ltd, or from a
subsiduary like ABC (Eco Bollox 2010) Ltd?

So these cast iron contracts will become essentially as much use as a
Zimbabwean dollar note.


Ah another envious old man. Full of bull****. You need to get out
more.
In five years I will have had my money back very likely.


Great, so we can use you as an example of why they shouldn't be paid for
25 years then?