Greens want Victoria to have a Clean Energy fund to help businesses and homes
Greens call for state clean energy fund, http://www.theage.com.au/victoria/greens-call-for-state-clean-energy-fund-20140413-36ldj.html 13 April 14, The Greens want the Victorian government to establish a state-based clean energy fund to make solar panels more affordable.
Australian Greens Leader Christine Milne call for the creation of a Victorian Solar Fund to help homes and businesses deal with the upfront costs of solar panels.
Senator Milne said the fund would make money for the state and reduce power bills. “Australia is a leader in solar science but is underinvested in solar power, depriving us of jobs that the community is calling out for,” she said on Sunday.
“We can create the financial incentives to put solar panels on roofs, for no money down, delivering immediate savings on electricity bills.”
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of the week – Disrupting War & Militarism in Oceania. Active solidarity. Radical practice.
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Subsidies are fine but with the present governments they are hardly likely to get any support except perhaps in SA.
In the first instance all that is needed is time-payment of the capital costs, just like with coal and gas power stations. Capital costs and equipment installation would be covered either commercially (most likely scenario) or by government and the costs recovered with interest through the normal system of quarterly billing. Given the decreasing capital costs of rooftop solar and the fact that there are no fuel costs then the net result should be lower energy bills.
With time-of-day metering and export prices determined by the National Electricity Market then solar should be more than competitive,
This is simply a level playing field for solar and its fossil competitors.
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