Households and small businesses considering installing solar panels will need to order their systems very soon. The Federal Government has announced it is totally phasing out the Solar Credits multiplier 6 months early – meaning the subsidy will be reduced by 50%.
According to national solar provider Energy Matters, it’s the company’s understanding eligible households and businesses will still be entitled to the current 2x Solar Credits multiplier in the following circumstances:
• Where a contract to purchase was entered into before today – installation must occur before June 30, 2013.
• Where a contract is entered into today or later – they system must be installed before 1 January 2013.
The very unwelcome news will no doubt trigger a rush, as has always been the case when similar announcements have been made in the past relating to solar subsidies.
With the end of the year rapidly approaching and many installers taking a break over the Christmas period, installation appointment slots will become very scarce, very quickly.
In order to help as many households as possible acquire a rooftop solar panel array, Energy Matters is running a series of solar power system specials and has announced it will be providing a price guarantee for a very limited time.
Households wanting to seize the opportunity to go solar at the current subsidy level can call the Energy Matters team on 133 SUN or secure a system with a deposit using the company’s online quoting application. The Energy Matters 1300 727 151 solar hotline operating hours have also been extended to include Saturdays (10am – 4pm).
The Australian Solar Council has slammed the Australian Government’s decision to bring the date so far forward and with so little notice.
“This is a knee-jerk reaction to a non-existent problem and a pre-emptive strike on Australian families who want to install solar to cut their power bills,” said John Grimes, Chief Executive of the Australian Solar Council.