THURSDAY 19 MAY, 2011 |
NEWSFLASH: Western Australia Solar Feed In Tariff Changes
Western Australian households considering installing solar power will be racing
to buy systems after today's announcement by the Western Australian government
that its solar feed in tariff
rate will be greatly reduced for new applications
submitted after June 30. A firm cap has also been put in place for the program.
Currently, Western Australia's feed in tariff pays 40c/kWh for surplus
electricity generated by a solar power system exported to the mains grid, but a new rate of 20 cents per kilowatt hour (kWh) will
apply to all applications received from 1 July 2011. Existing feed-in tariff customers
and those who submit applications prior to July 1 will remain on the 40c rate.
As with the original scheme, system owners will receive payments for 10 years;
however, the Western Australian government has also announced in order to
provide a clear indication to industry and consumers of the scheme's end date that the
program will close when the total capacity of installed systems under the feed-in tariff
program reaches 150 megawatts (MW).
With almost 70MW of capacity having been installed already and less than 6 weeks
until the feed in tariff reduction deadline, a rush is expected by households
still considering buying
a home solar power package
being spurred into action to acquire a system in
order to submit their applications to join the scheme prior to the reduction.
National solar power solutions provider Energy Matters is running a series of solar
power system specials
for residents of Western Australia in an effort to
help as many households as possible make the switch to solar power under the
more generous feed in tariff rate before it is reduced.
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