Solar

NSW State Government parties both want to invest in solar

NSW solar incentives

Victoria’s State government recently launched a fantastic 50% rebate for households to take advantage of solar energy installation ASAP and help the state reduce its demand on fossil fuel energies, diversify and stabilise its energy supplies, which has led to more reliable energy supply during peak demand in the summer.

Victoria and Sydney are already some of the top solar installers in terms of Australian states, with help from their rebates and incentives like the Vic solar rebate, STCs and feed-in-tariffs. NSW boasts that from 2013-2017 their share of solar, wind and bioenergy has more than doubled from 4% to 9% of NSW’s energy mix. They greenlit 11 solar farms in 12 months through 2017 & 2018 and the State Government has set aside $55 million to help already-planned solar and wind farms get off the ground that should supply twice the capacity of the state’s coal-fired power stations.

And, it looks like NSW might be about to do even more.

The Clean Energy Council is reporting that the major parties within the State government (both the New South Wales Government and the Opposition) have released proposals embracing solar and batteries with zero-interest loans up to $15,000 for solar and storage systems.

“NSW Labor’s strong commitment to support an additional half a million households in the state with solar rebates of up to $2200 per household over the next decade will also ensure a vibrant industry and provide expanded opportunities for solar businesses and installers.” (source)

The Federal government are less than enthusiastic about renewable energy installation incentives, but it’s great to see State Government’s taking the sun by the horns (!) and pushing forward to encourage their residents to diversify the state’s energy supply and safeguard their energy future whilst reducing their fossil fuel consumption and greenhouse gas emissions.

“The surge in renewable energy comes as the federal government has largely vacated the energy policy space after the demise of the Turnbull government’s National Energy Guarantee. The states are largely being left to press on with carbon reduction and other power sector goals.” (source)

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