Newman accidentally boosts Queensland’s solar industry

Queensland Premier Campbell Newman must have one hell of a solar headache today.

His announcement to cut the 44 cent net feed-in tariff provided the industry and solar consumers with a window of opportunity to sign up before the scheme was switched to 8 cents – and sign up they did.

Energex reported this morning that 75,000 applications were received in the 13 days between the 26th of June and the 9th of July. This is equivalent to roughly 12 applications per minute and 150MW of new capacity (at an average system size of 2kW).

Assuming standard eight hour working days, Premier Newman effectively added 1.4MW of generation capacity per hour to the Queensland’s energy generation capacity.

However, Energex also noted that 31,000 (or 62MW) of those applications were received in a single day. That is an astonishing 1.07 applications per SECOND or 7.8MW per hour on the final day.

The solar systems have to be processed and installed and there is up to one year to do that. It would not be silly to suggest that Queensland solar installers will gear up and quickly install the majority of this new capacity within six months or so to maximise economies of scale.

Put in a state context, Premier Newman just avoided the need for roughly 3.9TWh of coal fired energy over the next 20 years. At a conservative energy cost of $0.20/kWh, Queensland electricity consumers just started down the road to savings of approximately $39 million per year.

Nice (unintentional) work, Premier Newman.

Advertisment - Learn more

The Author

×

michael from Glencoe, New South Wales asked for 3 quotes for solar about 5 hours ago!

Kylie from Lammermoor, QLD asked for 3 quotes for solar about 21 hours ago!

John from Tanah Merah, QLD asked for 3 quotes for solar about 22 hours ago!

James from Lota, QLD asked for 3 quotes for solar about 22 hours ago!

Tony from Kensington Grove, QLD asked for 3 quotes for solar about 22 hours ago!

Michelle from Oak Valley, Queensland asked for 3 quotes for solar about 23 hours ago!

Tanya from Kingston, Queensland asked for 3 quotes for solar 1 day ago!

Tracey from Mooroolbark, Victoria asked for 3 quotes for solar 1 day ago!

Kris from Dimbulah, Queensland asked for 3 quotes for solar 1 day ago!

Barbara from Bass, Victoria asked for 3 quotes for solar 1 day ago!

GAyle from Point Cook, Victoria asked for 3 quotes for solar 1 day ago!

Sue from Witta, Queensland asked for 3 quotes for solar 1 day ago!

Cj from Toomulla, Queensland asked for 3 quotes for solar 1 day ago!

Ilyas from Narre Warren South, Victoria asked for 3 quotes for solar 1 day ago!

Lesley from Andergrove, Queensland asked for 3 quotes for solar 1 day ago!

Sailesh from Werribee, Victoria asked for 3 quotes for solar 1 day ago!

Tanya from Beaconsfield, Queensland asked for 3 quotes for solar 1 day ago!

Anna from Seymour, Victoria asked for 3 quotes for solar 1 day ago!

matti from Innisfail, Queensland asked for 3 quotes for solar 2 days ago!

Timothy from Peregian Springs, Queensland asked for 3 quotes for solar 2 days ago!