WEDNESDAY 01 SEPTEMBER, 2010 |
South Australia To Boost Solar Feed In Tariff Rate
It's good news for solar households in South Australia - the State's solar feed in tariff rate is about to increase by 10c to 54c per kilowatt hour - and possibly more. However, the inevitable rush on solar power systems could see the State's cap for the scheme reached sooner than
Premier and Minister for Sustainability and Climate Change, Mike Rann, announced
on Tuesday the State Government intends introducing legislation to increase the bonus to 54 cents per kilowatt hour.
"In addition, retail electricity providers will be obligated to pay a cost for the power they receive from residents who feed power into the grid via their solar
panels," stated the Premier. Mr Rann says this could bring the bonus to
around 60c per kilowatt hour.
Mr Rann said those who generate electricity via solar energy deserve to be paid a fair price for the power they contribute to the
network and the amended scheme will see South Australia's feed
being at least as generous as those in other States.
The bonus will be limited to the first 45 kilowatt-hours per day; a level that
far exceeds what most households would generate with an average sized solar
power system (1.5kW); but even so the 45 kilowatt-hour limit will not affect
solar power systems below 7 kilowatts in size. New connections under the scheme
will also be subject to additional criteria.
Households still considering installing solar power should note that when total installed capacity
in South Australia reaches 60 megawatts, the scheme will be closed to new
connections. The Government believes this will happen around the end of next
year, but based on the experience of other states and regions around the world
and comments from Greens MP Mark Parnell,
the inevitable rush on solar
through the increased incentive could see that target reached earlier.
At the time of writing, the date of the change in rate coming into effect
is not clear. A Bill is expected to be considered by Parliament towards the end of 2010. We will update our feed
in tariff information page
once the details are available.