FIT Company breaks cover

February 28, 2010

The UK’s Feed in Tariffs for low carbon energy production are about to come into effect and in a bid to steal a march on any potential competitors one specialist supply company has broken cover.

Ownergy seems to have a business model eerily similar to one that I suggested last June in my post Energy Ideas Part Two. Not only is it going to do all the technical assessment, design and installation, but its also offering management and finance for the installations and will be covering all technologies that attract an FIT.

The guy who is running it, Phillip Wolfe, is a big cheese in the Renewable Energy Association and seems to have had a big hand in the design of the FITs in the first place, so I doubt that he’s a regular reader of this blog. Who says that only the major energy companies can capture government policy mechanisms ;)

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