Abbott positive about australian solar incentives

Even with the Coalition halving the intended solar rebate on offer to households, under its Climate Change Policy they are positive they can still put one million more solar panels on rooftops in a decade.

In the lead up to the federal election recently the change to the solar rebate program was part of the $338 million worth of last-minute cuts made to the Coalition’s Direct Action plan.

The incoming Abbott government forecast spending $3.2 billion over four years on its climate change strategy however that figure has changed and is now more likely to be  $2.8 billion.

There are however no changes to the $2.55 billion over four years allocated for activities that cut greenhouse gas emissions such as revegetation and improving soil carbon.

The Coalition’s decision to halve the $1000 rebate it was to offer up to 100,000 households a year for installing a rooftop solar panel system will create the bulk of the savings.

By reducing the rebate to $500, the Coalition anticipates a saving of $200 million over the first four years of the scheme and still reach its goal of installing a million more solar systems within 10 years.

Since Direct Action was designed in 2010 the Coalition’s climate action spokesman Greg Hunt said the cost of solar panel systems had dropped considerably.

He told AAP “You’ve got to have a sustainable rebate”.  “What industry wants to see is an end of the boom and bust.”

Advertisment - Learn more

Mr Hunt said the scheme would focus on low-income households, but wouldn’t comment on any threshold for the rebate at this stage.

When the Direct Action plan was reviewed in the closing days of the election campaign $50 million was scrapped which was to be used to develop geothermal power over four years.

There was also a cut to the $60 million allocated to clean energy employment hubs with $9 million instead going to the National Climate Change Adaptation Research Facility at Griffith University.

Funding worth $100 million for a ‘solar towns and schools initiative’ will now be spread across six years rather than four.

The Coalition has vowed not to spend any more therefore the $2.88 billion set aside for four years of Direct Action is now capped.

Mr Hunt has no doubt Australia will meet its promised 5% pollution target under the scheme, and within the budget allocated.

The Author

I took an interest in the Australian energy sector close to ten years ago and since then have monitored the trends, technologies and direction of the Australian Energy Market. I was drawn to the Australian solar market in 2008 and since then have worked heavily in the field. I am partnered with national and international solar energy companies, from manufacturers of solar panel and inverter technology, online software developers that introduce tools to quote, monitor and manage solar power systems and media organisations who like myself, closely monitor the solar and renewable energy sector.

×

Jessie from Trott Park, South Australia asked for 3 quotes for solar about 12 hours ago!

Tracey from Chuwar, Queensland asked for 3 quotes for solar about 16 hours ago!

Sylvia from Hawthorn, Victoria asked for 3 quotes for solar about 19 hours ago!

Ash from Hampton Park, Victoria asked for 3 quotes for solar 2 days ago!

Allan from Gunnedah, New South Wales asked for 3 quotes for solar 2 days ago!

Simon from Dakabin, Queensland asked for 3 quotes for solar 2 days ago!

William from Clifton Springs, Victoria asked for 3 quotes for solar 2 days ago!

Henry from Menai, New South Wales asked for 3 quotes for solar 3 days ago!

Margaret from Caloundra West, Queensland asked for 3 quotes for solar 3 days ago!

Julie from Hamilton, Victoria asked for 3 quotes for solar 3 days ago!

Riki from Point Cook, Victoria asked for 3 quotes for solar 4 days ago!

John from Carrum Downs, Victoria asked for 3 quotes for solar 5 days ago!

Lee from Upper Ferntree Gully, Victoria asked for 3 quotes for solar 5 days ago!

Dennis from Glenbrook, New South Wales asked for 3 quotes for solar 5 days ago!

Mary from Heidelberg Heights, Victoria asked for 3 quotes for solar 5 days ago!

Babita from Rockbank, Victoria asked for 3 quotes for solar 6 days ago!

Babita from Rockbank, Victoria asked for 3 quotes for solar 6 days ago!

Jill from Cooee Bay, Queensland asked for 3 quotes for solar 6 days ago!

John from Mildura, Victoria asked for 3 quotes for solar 6 days ago!

leslie from Wondecla, Queensland asked for 3 quotes for solar 7 days ago!