Furniture giant IKEA closed its solar panel offering in the UK on 1 March citing the closure of the feed-in tariff (FiT).

In a statement to Solar Power Portal a company spokesperson said the commercial proposition no longer stacked up.

“At this point in time, we do not feel that the majority of new home solar customers will get a good deal, making the commercial offer unviable until the UK solar market landscape improves,” they said.

A holding statement on the website states that: “We have received a large volume of solar enquiries in anticipation of the closure of the Feed-in Tariff (FIT) on the 31st of March 2019. This has resulted in all of our installation slots being booked.”

IKEA launched its partnership with Solarcentury in 2016 adding an energy storage element the following year.

The feed-in tariff closed at the end of March with the export tariff now being offered by selected utilities including Octopus and E.On.

Read more: Solar Power Portal