NEWS

July 7, 2009 at 10:48 pm Leave a comment

Solar Rebates Scheme Cancelled

The Federal Government’s solar rebate scheme was abruptly cancelled weeks ahead of schedule because it was too successful. The scheme provided rebates of up to $8,000 for the installation of solar panels.

While the public and the solar industry had been counting on a June 30 deadline, the scheme was cancelled with no industry consultation and very little notice after unexpected demand resulted in a four-fold increase to the program’s budget. Only rebate applications that were sent by midnight 9 June are eligible for assessment.

The program is to be replaced by a solar credits system, which is linked to the government’s Renewable Energy Target (RET) scheme. Climate Change Minister Penny Wong has confirmed that there will be no rebate for solar panels until the RET scheme passes the Senate, which will be no earlier than August. Anyone who puts panels on their roof can keep the receipt and apply for a new rebate – if and when the scheme passes the Senate.

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