Australian Solar Council Releases RET Recommendations Analysis,by Energy Matters, 6 Nov 12 The Australian Solar Council has released a detailed analysis by industry experts of the Climate Change Authority’s (CCA) draft recommendations for the Renewable Energy Target.
The Council recently expressed serious concerns relating to the Climate Change Authority’s (CCA) recommendations to slash incentives for residential solar power past what is already set to occur, i.e. the final phase-out of the Solar Credits multiplier next year.
Particularly troubling was the suggestion of introducing a “solar divider” if the cost of solar panel systems fell in the previous year; if the payback period for solar customers was less than 10 years; or if the scheme made up more than 1.5% of electricity bills…….. The full report can be viewed here. http://www.energymatters.com.au/index.php?main_page=news_article&article_id=3452
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