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Japan plans to cut solar feed-in tariffs by more than 50% by 2027

 Last Update: 2022-12-28
 Source: Internet
 Author: User

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According to the Jiji news agency (JIJI), the Japanese government plans to reduce the solar feed-in tariff (FiTs) by more than
50% by 2027.

Japan plans to cut solar feed-in tariffs by more than 50% by 2027

The price of solar energy produced by enterprises will fall from 18 yen per kWh in the current fiscal year to 8.
5 yen
in 2022-2024.
Solar households will face a drop in prices from 26 yen to 11 yen
in 2025-2027.

The initiative aims to reduce the burden on
electricity bills.
In fiscal 2018, the cost of mandatory solar purchases by utilities is expected to increase by 13% year-on-year to 3.
1 trillion yen, of which 2.
4 trillion yen will be borne
by their customers.

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According to the Jiji news agency (JIJI), the Japanese government plans to reduce the solar feed-in tariff (FiTs) by more than
50% by 2027.

Feed-in tariffs

Japan plans to cut solar feed-in tariffs by more than 50% by 2027

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