On Tue, 01 Nov 2011 17:06:29 +0000, Roger Chapman wrote:

Harry appears to have invested some £15,000 and if we assume his 8% so
far this year translates into 10% over the course of a full year he will
be lucky to get all his capital back in ten years as the FIT reduces
year by year.

Er the FIT paid does not reduce year by year, unless the country
moves into deflation...

You get a starting FIT rate when the system is online and registered.
Until the 12th Dec that is 43p/unit, after 12th Dec it will be
21p/unit. Then there is an annual adjustment to compensate for
inflation. So unless things go very wrong (deflation) Harry will be
getting his 43p/unit plus adjustments for the next 25 (20?) years.

--
Cheers
Dave.