Antinuclear

Australian news, and some related international items

Western Australian Greens propose solar battery rebate scheme

greensSolar battery rebate scheme pushed by Greens in WA election pitch, ABC News , 9 Feb 17 By Laura Gartry More than 100,000 WA households could be entirely powered by their own solar energy using battery storage within five years under a 50 per cent tax rebate proposed by the Greens.

In one of first major election commitments by the party, Upper House candidate Tim Clifford said the cost of battery units were currently out of reach for a lot of people.

The Greens’ proposed rebate would allow individuals to get up to half the cost of their storage system covered to a maximum of $5,000 in the first year and tapering off to $1,500 in five years.

The $290 million scheme would also provide a $5,000 upfront grant to install solar for families earning less than $80,000. Households with solar panels in WA are looking to batteries as a way to offset the sharp fall in rebates Synergy pays them for their electricity.

It is hoped the scheme would kick-start the industry and drive down the cost of units and power bills.

Energy Minister Mike Nahan said a possible battery subsidy was discussed, but would not be implemented by the Government…..

Mr Clifford said up to 3,000 WA businesses could also benefit, allowing their battery storage assets to be depreciated over three years rather than 15, which could pay off their battery storage unit within 10 years.

The scheme would be co-funded from the removal of federal fossil fuel and mining subsidies……http://www.abc.net.au/news/2017-02-08/solar-rebates-mooted-by-greens-wa-election/8252706

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February 10, 2017 - Posted by | energy, politics, Western Australia

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