Japan May Cut Solar Tariff by 14% as Operating Costs Decline
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Japan may cut its tariff on purchases of solar power by 14 percent to reflect the lower costs of operations and maintenance, according to estimates by Bloomberg New Energy Finance.
The tariff may fall to 31.1 yen (30 cents) per kilowatt hour plus tax, the London-based researcher said in a report dated yesterday. The current rate is 36 yen per kilowatt hour plus sales tax. The sales tax, currently 5 percent, will be raised to 8 percent in the year beginning April 1.