The recent axing of Australia’s solar hot water rebate caught many off guard – and the situation with the Solar Credits rebate reduction may do too, but for different reasons.
With a 33% reduction in the Solar Credits rebate rapidly approaching, some households putting off installing solar panels until the last minute may be disappointed as systems must be installed by June 30. The rush to have a heavily subsidised system installed in time could start very soon according to national solar solutions provider Energy Matters.
In the past, some solar rebate reduction schedules have allowed the securing of the higher rebate level simply by putting down a deposit on a system before the deadline; with installation occurring after that time. This has allowed people to hold off until the eleventh hour in taking the leap towards slashing or even wiping out their electricity bills.
This will not be the case for the upcoming Solar Credits rebate reduction as systems will need to be installed by June 30 according to the Office of the Renewable Energy Regulator (ORER).
As the bite of high power bills is increasingly felt and more people become aware of the rebate situation, bookings for installations throughout the country are expected to pick up pace. If history repeats itself, some installers may find themselves fully booked in certain areas before June.
Energy Matters says given the installation of rooftop solar arrays can be more complex than installing some other home improvements, suitable lead up time is required – and this can vary according to the installation scenario. Coupled with the inevitable rush on systems, the company is urging households to start the ball rolling on having their systems installed now.
People interested in making the switch to solar to reduce their electricity bills can generate an instant online solar quote via the Energy Matters web site, view a range of solar specials or contact the company on 133 SUN for obligation-free advice on a system tailored to their needs and circumstances.