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Japan’s Solar Tariff May Drop 12% as Costs Sink, BNEF Estimates


22 Jan. 2013 by

BLOOMBERG - Japan will cut its tariff for purchases of solar power by as much as 12 percent as costs to install systems to generate energy from the sun decline, according to an estimate by Bloomberg New Energy Finance.


The so-called feed-in tariff for solar could fall to as low as 37 yen (41 cents) per kilowatt hour for 20 years from a current rate of 42 yen per kilowatt hour, according to Yugo Nakamura, a Tokyo-based analyst with New Energy Finance.

 

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