I have no problem with reducing FITs for residential properties and aggregates in general, they've been see as a source of investment by many people, which is subsidised by the tax payer, and I don't think it's right. FITs should be there to encourage green electricity, not for people to make money from the tax payers.
Having said that, what a badly missed opportunity, the high level of FITs should certainly stay for aggregates which are owned by LAs and RSLs which are not-for-profits. The whole point of subsidies is to help those who can help society and these two groups fall into that category.
We were told that LAs will be able to negotiate for loans for building programmes, and FITs were a good way of boosting the expected income from new projects, making low interest loans more accessible.