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
anticipated.
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
in tariff 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
power systems 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.
Energy Matters A Port Phillip Business Excellence Awards Finalist
Melbourne-based national solar energy company Energy Matters has been announced
a finalist in the Citipower Port Phillip Business Excellence Awards for
environmental sustainability.
Open to all businesses located in the City of Port Phillip, the Awards recognise, reward and celebrate the achievements of local business and their contribution to the Port Phillip community.
Energy Matters co-founder Max Sylvester says the company is honoured to make it
this far in the Awards process.
"Hard on the heels of our Melbourne Awards win, being a finalist in the Citipower Port Phillip Business Excellence
Awards is an added cause for celebration at Energy Matters."
"All our team have worked incredibly hard in growing the company since
our humble beginnings after a kitchen table discussion in Armadale just 5 years
ago. We not only aim to be Australia's leading solar
power supply and install
business, but to make our mark in renewable energy advocacy and ensuring we
maintain a close eye on our own environmental footprint too."
Energy Matters is a finalist in two categories of the Environmental
Sustainability section:
- Environmental Impact: Businesses demonstrating sustainable measures and minimisation of environmental footprint.
- Products & Services: Businesses with outstanding products and/or services that reduce environmental impact from a lifecycle perspective.
The latter category is in relation to the company's revolutionary Sunlock solar panel mounting
system, designed and manufactured in Australia, which is increasingly appearing on rooftops around Australia.
The awards gala presentation evening will be on the 21st October at the St Kilda Town Hall.
Victoria will become Australia’s solar state, with the creation of an Office of Solar Energy and a government investment of $30 million into renewable energy technology, Premier John Brumby announced yesterday.
With a state election looming in November, Mr Brumby said the new Office would be the first point of contact for industry and educational agencies seeking information about government initiatives in
solar power and would help ensure Victoria becomes part of the worldwide clean energy economy.
"The Office is another important step in positioning Victoria as a global player in solar development. It will be particularly important for assisting potential investors to access information about our comprehensive range of support programs for
solar
energy."
Energy and Resources Minister Peter Batchelor cited a potential boom in international investment for Victoria.
“International interest in Government-supported programs, intense competition for the $100 million Victorian Large Scale Solar Program tender and companies investigating opportunities in regional Victoria, demonstrates huge interest in our solar potential,” Mr Batchelor said.
“Work underway in Victoria includes mapping of the best locations for solar plants and grant programs to encourage solar energy development. We need to champion these efforts under one banner and that will be the Office of Solar Energy.”
The $30 million funding boost would be targeted at renewable energy projects aimed at cutting Victoria’s carbon emissions by 20 percent by 2020.
"The results delivered from these grants will help us produce and operate the technologies we need to make renewable energy sources commercially
viable," Mr Brumby said.
Max Sylvester, co-founder of Victoria-based national solar energy company, Energy
Matters, welcomed the government’s announcement.
"I think Victoria is a great example to the rest of the Australia, and to the world, of progressive renewable energy policy. Solar energy has vast economic potential as an effective alternative energy source. The creation of an Office of Solar Energy is an important step forward in the growth of the renewable energy sector and in the fight against climate
change."