Segen has announced that it will be reducing the prices of all of its solar PV products to help reduce the impact todays feed-in tariff rate reduction.
In line with the automatic degression model introduced last year by the Government, a cut of 3.5% will be imposed for a three month period between today and October 1st on solar PV installations in the 0-50kW banding. Segen has reduced its solar PV prices by 3.5%, to enable UK installers to pass on this saving to end-users and mitigate against any fall in demand.
Andy Pegg, CEO of Segen, said: "It is a tough time for UK installers at the moment. They have recently seen their costs pushed up due to the Chinese anti-dumping tariff and todays feed-in tariff cut will only reduce margins further."
"As the leading UK distributor, it is Segen's responsibility to help its customers weather the storm and these price reductions will hopefully go a long way to ensuring that there is not a fall in end-user demand for solar panels."
All discounted solar panels can be purchased from the Segen Wholesale Portal. These include panels from top-end manufacturers, such as Hyundai, Sharp and Panasonic.
