Solar News

Solar Bonus Scheme Reviewed

26 August 2010
Category: 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.
Return to Solar News home page.

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

We also have sales agents in
Grafton:contact Andy Wilkinson directly on 0409 508 144, and
Tenterfield:contact Diamond J Legend directly on 0425 769 444.