Solar scheme changes outlined
COFFS Harbour MP Andrew Fraser has spelt out how the changes to the State Government’s Solar Bonus Scheme will be implemented.
“Many people who already have solar panels or an approval to install solar panels are confused by the Government’s announcement and fear that their payments of 60 cents are about to be slashed to 20 cents,” Mr Fraser said.
“This is not the case.
“All those applications accepted so far will be honoured at the 60 cents/kW rate. It is future applicants not yet in the scheme who will be paid 20 cents per kW.”
If you purchased or leased a system by October 27, 2010 you have until November 18 to apply to connect to the grid to be eligible for the 60 cent gross tariff.
If you had paid a non-refundable deposit to purchase or lease a system by October 27, you have until November 18, 2010 to apply to connect to the grid to be eligible for the previous 60 cent gross tariff.
The closing date of November 18, 2010 is fixed – no extensions and no exceptions will be granted.
Late applications to connect to the grid will be assessed under the new tariff of 20 cents.
If you have paid a fully refundable deposit, you should carefully consider your proposed purchase as you will be assessed under the new tariff of 20 cents.
Go to www.industry.nsw.gov.au/energy for more details and to read the report.