In less than six years, Italy has become one of the leading markets for PV power plants and one of the countries in the world with the largest number of installations and installed peak power. Such a quick and large growth is due to a series of feed-in tariff schemes that have been uncapped until 2012. As a matter of fact, any size or any number of PV power plants could be installed during a period of three years. Since the feed-in tariffs are not paid by national taxes but are charged on the electricity bills, Italian energy users are now due to pay each year a surcharge of 9 billion euros on their energy bills. This paper aims at discussing this development by highlighting the benefits but also some significant drawbacks that the application of uncontrolled feed-in tariffs has produced. (C) 2013 Elsevier Ltd. All rights reserved.