South Australia may cut its a Solar Feed In Tariff
South Australia Solar Feed In Tariff Threatened, by Energy Matters, 23 April 13, Households and businesses in South Australia considering going solar may want to do so soon. The Essential Services Commission of South Australia (ESCoSA) has proposed that from 1 July 2014, the amount paid to South Australian owners of solar panel systems for surplus electricity exported to the mains grid should be slashed from 25.8 cents down to 9.8 cents.
Under current arrangements and according to information from solar systems provider Energy Matters, a 5kW solar panel system installed in Adelaide can provide a financial benefit exceeding $2,000 a year.
The CEC says ESCoSA has “used the narrowest definition of a feed-in tariff, based on the financial benefit that a solar PV owner provides to his or her electricity retailer.”….
ESCoSA has invited public submissions to its draft determination and a copy of CEC’s submission can be viewed here (PDF). http://www.energymatters.com.au/index.php?main_page=news_article&article_id=3703
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