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Solar companies face nasty losses

We have had some very poor feedback from our clients in the solar panel industry. Not only were the government taking 10 weeks to pay the grant rebate (causing severe cash flow issues which we had helped resolve through our connections), but now because of the Government’s unilateral decision to cut the rebate without reference […]
James Thomson
James Thomson

We have had some very poor feedback from our clients in the solar panel industry. Not only were the government taking 10 weeks to pay the grant rebate (causing severe cash flow issues which we had helped resolve through our connections), but now because of the Government’s unilateral decision to cut the rebate without reference to the solar industry many companies are facing nasty losses as they have committed to extensive last-minute advertising campaigns geared towards the 30 June deadline given in the recent budget.

Unfortunately it is another example of governmental lack of working with industry to help all concerned. Let’s hope they work with industry to get the economy back on its feet again.