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True value solar Blog

How will we be affected by the carbon tax?

With the carbon tax arriving in July 1, the government is insisting that only large polluters will be affected, along with the compensation that six out of ten households will be receiving. Further to the existing rise in electricity prices in New South Wales as a result of increasing network costs, the carbon tax will add an additional 1.94 cents per kilowatt hour to
average household prices in the next year and 2.03 cents the year after.

With the heavy dependency on the power grid, the transportation costs for power have significantly increased, leading to a further price hike in electricity prices, which is increasing the average household’s living costs. As a result, it seems that reducing our dependency on the power grid would be the most sensible choice. A solar power system is one
of the best options available to the public in order to combat these high living costs. Installing solar panels on rooftops will allow households to generate their own ‘free’ electricity from the sun, which can therefore power the appliances in homes. Further to electricity generated from the solar panels, any additional electricity can be fed back into the grid, and dependent
on each state government’s solar power schemes, households may be eligible for a Feed-in tariff which is payable based on the kilowatt of electricity generated by the solar system.  A solar
power system is also a source of renewable energy and can effectively reduce our dependency on burning fossil fuels.

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