Australian government aiming to slow development of small scale solar power?

Renewable Energy Target Review Red Alert , Renewable Energy News, 12 Dec 13 The Abbott government will soon release its terms of reference for another Renewable Energy Target review says the Australian Solar Council. Given the general vibe; it doesn’t bode well for remaining small scale solar subsidies.

As solar feed-in-tariff incentives are dialled down, the Renewable Energy Target is now the major form of support to the solar industry in Australia and for those buying solar panel systems.

“The future of the small-scale scheme for solar PV is in considerable doubt,” states Australian Solar Council CEO John Grimes…….

“Changes to the Small-Scale Renewable Energy Scheme (SRES) will have a negligible impact on power prices,” says Mr. Grimes. “Don’t unfairly target our industry.”

The solar power industry currently employs more than 18,000 people in 4,500 small and medium businesses across Australia – many in rural and regional areas.

With Renewable Energy Target related support still providing subsidies of up to a couple of thousand dollars on solar panel systems and that support continuing after the review not something to bank on; the best time to go solar may be right now……..http://www.energymatters.com.au/index.php?main_page=news_article&article_id=4074