The renewables business EcoLogicLiving has ceased trading with the loss of 24 jobs – another victim of cuts to green energy subsidies.

Reductions in solar feed-in tariffs and the Renewable Heat Incentive scheme have been blamed for pushing the Carlisle firm into administration.

The business, which traded from premises at Rickerby’s in Currock Road, was founded in 2008 by husband and wife Islam and Judy Pearson – initially working from their kitchen table in Durdar.

It specialised in the design and supply of renewables products such as biomass boilers, heat pumps and solar panels, and at one point employed 31 people.

The insolvency specialists Daryl Warwick and Michael Kienlen, of Armstrong Watson, have been appointed joint administrators.

Mr Warwick said: “We attempted to find a buyer before the business went into administration, but interest in taking it on as a going concern was very limited.”

He added that it was “unlikely” there would be a payout to unsecured creditors.

The largest creditor is the North West Fund, which offers debt and equity finance to growing businesses across the region.

It had provided loans and taken a stake enabling EcoLogic Living to move to bigger premises and import a log boiler from the US, which allowed farmers to

capitalise on the Renewable Heat Incentive.

Adam Workman, energy and environmental manager at the North West Fund, said: “We backed the company over a number of years and it is very disappointing what has happened.

“It is just unfortunate that changes to the feed-in tariffs and the Renewable Heat Incentive scheme have affected the business.”

EcoLogicLiving won ‘small business of the year’ in the CN Group Business Awards in 2012.

Its collapse follows that of Sundog Energy, in Penrith, which went into voluntary liquidation earlier in the year.

Sundog employed 20 people at North Lakes Business Park and had been installing solar panels for 20 years.

It too was affected by cuts to the feed-in tariff, which made solar panels less attractive to install.

Sundog’s assets were acquired by another solar company, Photon Energy, which moved the business to Lancaster.