Solar News

Solar Bonus Scheme Reviewed

26 August 2010
Categories: Incentives | Government

The Solar Bonus Scheme has now reached the 50 megawatt level and a review has commenced.

The review will impact only on new entrants to the Scheme which means if changes are required they will not be applied retrospectively to customers who have already joined the Scheme.

Specifically these objectives as defined in the Act are:

1. to encourage and support persons who want to generate renewable energy as a response to climate change; 2. to develop jobs in the renewable energy sector by assisting renewable energy generation to compete with non-renewable energy generation; 3. to increase public exposure to renewable energy technology in order to encourage the whole community to respond to climate change.

Key terms of the Act for securing the above objectives are contained in section 15A and include:

  • the length of the scheme – commencing on 1 January 2010 and operating for 7 years.
  • tariff rate – crediting eligible customers at a rate of 60 cents per kilowatt hour.
  • tariff type – customers with a gross meter receive a ‘gross’ feed-in tariff rate for all the electricity that their eligible solar photovoltaic (PV) system or wind turbine generates.
  • customer eligibility requirements – small electricity customers (those with an annual electricity consumption of up to 160 megawatt hours) are eligible to participate in the Scheme.
  • system eligibility requirements – only customers with solar photovoltaic (PV) panels and/or wind turbines (up to 10 kilowatts in capacity) that connect to the electricity network through an inverter (up to 10 kilowatts in capacity) are eligible to participate in the Scheme.

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We install solar systems in Northern NSW and Southern QLD.

Gold Coast (from Coolangatta to Southport), Nerang and Hinterland (Beaudesert) and out West (Warwick, Stanthorpe, Killarney)

Northern NSW (Tweed Heads to Yamba, including Evans Head, Byron Bay and Ballina); the Far North Coast Hinterland (Grafton via Lismore to Murwillumbah) and out West (Casino to Tenterfield, including Drake and Tabulam, as well as Woodenbong and Bonalbo)

For larger system we also go up to Brisbane or down to Coffs Harbour and even Glen Innes. Other places by arrangement.

We are Open for Business

Rainbow Power Company would like to assure our customers that we are still trading. We have modified procedures to ensure social distancing can be maintained throughout all operations in our business. You can also use our webshop to order online or over the phone. Goods will be dispatched via Australia Post and couriers; additional safety precautions for goods handling have been put in place.

Our show room is currently closed, however, appointments can be made by phone so we can prepare orders for pick up from our premises. Please NOTE: ALL pre-existing and new purchases need to be pre-ordered, phone 02 6689 1430, with a time arranged with RPC staff prior to pick-up. Thank you for your patience and understanding.

Contact us

This is the perfect time to start thinking about your power needs for the future, reducing your bills, and safeguarding against future power outages, so call today and get in before the oncoming solar rush. System designers are working from home and can customise a quote for you over the phone or online, free of charge. PH: 02 6689 1430 or send an enquiry. We are still doing site inspections where remote tools such as video inspections are not possible, but we are minimising contact with customers and ensuring recommended social distancing measures are in place
...stay safe and healthy, your RPC family