With the Solar Credit rebate being slashed and with the media coverage about proposed electricity price increases, it feels like everyone’s talking about solar power.
The risks of solar are low – most solar panel systems come with long-term warranties and are low maintenance because there are no moving parts. Solar will continue to show you a return on your investment every day.
Buying a solar system is your investment for reducing household electricity bills as energy costs will continue to rise. Installing a solar system protects you against these price hikes by giving you security as you’re making your own electricity.
Government incentives have the effect of lowering the cost of solar system installations for consumers. There are currently three types of financial assistance offered for solar panel systems in Australia: STCs, Solar Credits and Feed-In Tariffs and there has never been a better time to go solar.
Newsflash: Greg Combet, The Minister for Climate Change and Energy Efficiency unexpectedly announced on the 1 December, 2010 that the solar credit scheme will be reduced one year earlier than planned for Sydney, Brisbane, Perth and Adelaide effective as of the 1 July, 2011. This means that the rebate for a typical 1.5kW system will be cut from $6200 to $4960.
Don’t be impacted by the change. To purchase a solar panel system now, or to find out more information, call one of our solar specialists on 13 SOLAR.
- Household panel subsidies to end earlier, Sydney Morning Herald. 02, November 2010
From the 1st July 2011 the solar credit scheme will be phased out a year earlier than planned for Sydney, Brisbane, Perth and Adelaide. Read more
- Combet takes heat out of solar scheme, Australian. 02/11/10
Greg Combet has moved to slash incentive payments for householders who install solar panels. Read more