Newspaper article Sunshine Coast Daily (Maroochydore, Australia)

Not-So-Sunny Outlook after Cut to Solar Rebates

Newspaper article Sunshine Coast Daily (Maroochydore, Australia)

Not-So-Sunny Outlook after Cut to Solar Rebates

Article excerpt

Byline: Ava Benny-Morrison

HOMEOWNERS wishing to go green will have less of an incentive after the State Government announced it would slash solar power rebates.

Currently, solar power users are provided with a 44 cent per kilowatt hour rebate from the Queensland Government for energy fed back into the electricity grid.

But in two weeks the rebate will be cut back to just eight cents per kilowatt.

Power companies charge on average 22 cents per kilowatt hour to households.

Energy and Water Supply Minister Mark McArdle said the Solar Bonus scheme had met its objective of stimulating the solar industry and making the alternative energy more affordable.

C[pounds sterling]Rising future costs associated with delivering the scheme means change is essential to protect Queenslanders from significant power bill increases,C[yen] he said

Mr McArdle said the scheme would cost every household $54 by 2014-2015 and the state $1.8 billion by 2028 if the current rebate rate continued. …

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