Australia’s renewable energy transition is now in the hands of the states who are leading the charge in solar energy and battery storage.
That’s the verdict of the Clean Energy Council (CEC), Australia’s renewable industry regulator. The CEC says states and territories will continue to forge ahead despite anti-renewable campaigner Angus Taylor’s appointment as Energy Minister in the Morrison Government.
Because the National Energy Guarantee has now been shelved, future energy policy is uncertain. The CEC says it’s therefore imperative that states support clean energy programs.
Victorian government’s Solar Homes program flies flag
According to the CEC, Victoria is breaking new ground with Solar Victoria’s Solar Homes program. The $1.3 billion program will support solar installations in 710,000 homes over 10 years.
The rebate is already paying half the price of solar panel systems for up to 24,000 households in its first funding round. This $2,225 grant is additional to existing solar incentives.
The Andrews Labor Government has subsequently pledged to expand the program if re-elected. This will then cover up to 650,000 homes from July next year.
If you are looking for solar panels it’s a great time to apply to the program, which could slash up to $890 per year off electricity bills.
Queensland and SA backing solar battery storage
Up north, a new solar battery safety framework in Queensland supports government plans to offer financial backing for energy storage.
Interest-free loans of up to $10,000 over ten years will be offered for combined solar and battery systems. Battery grants of $3,000 will also be provided.
In South Australia the Marshall Government has also committed to provide $100 million for grants of up to $2,500 for solar energy storage. A virtual power plant linking 50,000 solar battery systems is also in the pipeline.
Renewable energy transition uncertain with RET under threat
New Energy Minister Angus Taylor is a vocal opponent of the Renewable Energy Target (RET) which ends in 2020. He claims the focus on renewables like solar through the RET has been a huge mistake.
He could therefore bring the RET to an early halt. This would end the current federal rebate, increasing the cost of installations for future solar homes.
To take advantage of Victoria’s game-changing solar panel rebate, contact Energy Matters on 133 786 or fill out our online rebate inquiry form.
