EcoSouth Solar Blog
Here is news and thoughts of the EcoSouth team regarding all things solar. No information contained here should be relied upon for its accuracy without independently verifying it.
Renewable target cuts would deliver billions to gentailers as power prices soar
Scrapping or winding back Australia’s Renewable Energy Target would lead to significant increases in electricity prices, while delivering a windfall profit to power companies of as much as $70 billion, according to new analysis from Bloomberg New Energy Finance.
Last modified on Continue readingFacts about Solar and the Small-scale Renewable Energy Scheme
Solar on more than 2 million roofs – More than 2 million solar installations have been supported by the Renewable Energy Target as of 31 January 2014 – 1,176,000 solar PV systems and 845,000 solar hot water systems. This means that 24 per cent of the 8.4 million occupied private dwellings in Australia have a solar system.
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