Solar energy systems still a good buy
the price of solar systems has plummeted; the drop in the feed-in tariff has been cushioned by demand for green energy from AGL and feed-in tariffs paid to pensioners as a credit on their power bill will not be assessed as income under the government’s pension income test…..Solar installers resent solar power being blamed for increasing electricity prices, saying this is quite incorrect
Solar popularity still rising Coffs Coast Advocate, 15 Nov 10, SOLAR power subsidies are copping a drubbing from critics of both Federal and NSW State government’s ‘green energy’ schemes but solar installers say the sun is still shining brightly for those who would like to go sunny side up.
Paul Francis and Jock Wagner, the director and energy consultant for Greensolar Solutions, said static on the topic was obscuring the good news for householders.
This is that the price of solar systems has plummeted; the drop in the feed-in tariff has been cushioned by demand for green energy from AGL and feed-in tariffs paid to pensioners as a credit on their power bill will not be assessed as income under the government’s pension income test.
“Manufacturing capacity has shot right up and it is bringing down the overall price of systems – plus RECs and the feed-in tariff, clients are still better off than two years ago,” Mr Francis said,
Jock Wagner said the purchase price of solar voltaic systems had dropped by 40 per cent and the Commonwealth Government incentive for solar power support through Renewable Energy Certificates was still available…….
Although the gross feed-in price for solar electricity paid by the NSW government has been dropped from 60c per kW hr to 20c, energy company AGL is offering an extra 8c, bringing the price available to 28c, close to the level the Clean Energy Council has recommended.
Pensioners with solar systems are being rewarded for installing solar power.
Any credits on their own power bill are free and if they receive cash payments from feed-in tariffs, these will be assessed over a 12 month period.
Pensioners can take advantage of the provision for being able to earn up to $142 a fortnight (single) or $248 a fortnight (couple) before that income affects their pension.
Solar hot water systems are an area where the sooner you move the better……
subsidies are still available for moving to a solar system before you have to because your old hot water system has died.
Rebates of $1000 for solar hot water systems or $600 for heat pump systems are available now.
Solar installers resent solar power being blamed for increasing electricity prices, saying this is quite incorrect…….
Solar popularity still rising | Coffs Coast News | Local News in Coffs Coast | Coffs Coast Advocate
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