Federal Government abolishes means-testing for solar panel rebate.
The Australian federal government announced today that it would scrap the unpopular means-test for the rebate for installation on solar panels. This means-test restricted the rebate to households earning less than $100,000.
The means-tested rebate was worth up to $8,000 where as the maximum rebate under the new system will be about $7,500. This small decrease in the available rebate comes with a bit of a sweetener as the new rebate will now also be available to businesses and community groups.
The maximum rebate, for an average-sized 1.5 kilowatt system, will be about $7,500 and a smaller-sized 1.0 kilowatt system will attract a rebate of about $5,000.
Disappointingly, the value of the rebate will fluctuate and it will decline from 2012.
The current system will stay in place until July, when the new system will take over.
Source: The Canberra Times
Mark and Rosalba are building a strawbale house!
February 4th, 2009 at 19:38
Hi guys,
Just bringing the follow peition to your attention:
http://www.feedintariff.com.au
It’s for a national gross feed in tariff in Australia.
Regards,
Max
Maxs last blog post..Grid Connected Solar Punt
February 6th, 2009 at 7:37
@Max: Thanks for the hint. Check out the related article that I posted about gross feed in tariffs and how they would kick start the solar industrie.