Solar Energy Market damaged in Western Australia

The state and federal governments have damaged the growing solar energy sector with their indecisive moves in relation to the carbon debate and the feed in tarrifs.

This week the Barnett government pulled the plug on the renewable energy grid subsidy scheme. This was after the $127 million installation quota for solar panels was reached.

The solar tariff was originally set at 60 cents per kilowatt hour and now it has been moved down to 7 cents per kilowatt hour.

The incentive needs to be recalibrated. All the profits from Synergy could be used to fund alternative energy schemes.


Posted by: Andrew
Company: Noble & Associates
Phone: 61894007400
Posted On: 1/1/0001
Contact via email: andrew@nobleaccounting.com.au
Tags: ,
Categories: Energy
Post Information: Permalink | Comments (0) | Post RSSRSS comment feed