As mentioned in this post by the Australian Solar Council, today’s Financial Review reports that the Abbott Government plans to axe the Renewable Energy Target.
This means the cost of a 5kW solar power system will increase by more than $3,000. For businesses thinking of installing a larger system, a 30kW system will increase by almost $20,000!!
If you have been thinking about installing a system but have been putting it off, you really can’t afford to wait any longer.
Read the Financial Review article here, and the Guardian’s here.
What can you do? – Call your local politician’s office and tell them that destroying the RET will devastate the renewable energy sector. The only ones who will benefit from slashing the RET are dirty coal and gas generators, in particular AGL, Origin and Energy Australia.
Why is Australia moving backwards when everyone around us is moving forwards?