WEDNESDAY 11 SEPTEMBER, 2013 |
Last Drinks Call For South Australia's Solar Feed In Tariff
National solar provider Energy Matters is reminding South Australian households
who are yet to go solar that the axe is about to fall on solar incentives in the
Energy Matters has set an ordering deadline of September 15 for those wishing to
secure the 25.8c feed in tariff rate; which is now the most generous in
The incentive will be greatly reduced soon when the SA Power Networks component
is dropped for new applications; leaving the feed in tariff at 9.8c per kilowatt
hour for surplus exported electricity.
While even at 9.8c going solar in South Australia will still be a worthwhile
investment; the current rate will allow for a greatly accelerated system payback
is offering South
Australians discounted deals on solar packages, including a 4.16kW
based on award-winning REC solar panels capable of returning a
financial benefit of up to $2,100 a year.
The company also offers a zero deposit payment plan that allows eligible
purchasers to go solar for just a few dollars a day. In addition to paying
nothing up-front and depending on the system and installation scenario, the
repayment levels can be less than the cost a household would pay for their daily
electricity consumption; meaning instant savings from the moment their system is
More than 19 percent of households in South Australia have already slashed their
electricity bills by installing rooftop solar panels and even with the looming
incentive cut, the future of solar in South Australia looks bright.
According to a recent
prepared by the Australian Energy Market Operator (AEMO); rooftop PV
based electricity generation in SA is expected to reach 1,119 gigawatt-hours
by 2022–23, equivalent to 8.9% of South Australia’s annual energy use.
Other news for Wednesday 11 September, 2013
Return to main renewable energy news section
Other Energy Matters News Services