HC 1605 Energy and Climate Change and Environmental Audit CommitteesWritten evidence submitted by the Office for National Statistics

“The Feed-in Tariff Scheme is one of eight regulatory schemes that the National Accounts Classification Committee have been asked to give a formal decision on. In order to maintain consistent treatment across member states in the National Accounts individual schemes have been discussed in Eurostat, the Feed-in Tariff scheme has not been discussed. ONS has requested that a more general decision on treatment of levy-funded subsidy schemes is agreed by member states, which will allow ONS to classify all such schemes. The views of member states are being discussed at the next meeting of the Financial Accounts Working Group on 6 December 2011. The National Accounts Classification Committee has not provided any formal advice on the treatment of Feed-in Tariffs and will meet to decide on the treatment of such schemes after they have received the outcome from the December meeting.”

25 November 2011