Antinuclear

Western Australia and NSW govts strike down solar power

Western Australia FiT chopped in half, PV-Tech By Emma Hughes – 19 May 2011, Less than a week after the shock closure of the feed-in tariff scheme in New South Wales, the Government of Western Australia has cut the subsidy rate for new residential applications submitted after June 30. The state will also be subject to a cap on installations, putting a halt to progress just one year after the scheme was introduced.

The feed-in tariff rate for new installations will now be cut in half, with applicants receiving AUD$0.20/kWh instead of the AUD$0.40/kWh rate that was introduced in July last year. All existing customers will continue to receive the higher tariff rate for the originally-proposed 10 years.

Alongside the tariff cuts Western Australia will also be hit with a 150MW cap, which when reached, will mark the end of the program, when no further applications will be received….Western Australia FiT chopped in half | PV-Tech

May 21, 2011 - Posted by Christina Macpherson | solar, Western Australia | solar