NSW solar uptake doubles after Solar Bonus scheme dumped

…NSW now has roughly 814MW of rooftop solar installed. Interestingly, more than half  has been installed since end of the solar bonus scheme, which offered a generous 60c/kWh (plus retailer add-ons) for all electricity produced from solar panels…NSW government does not address that issue in its report, but it does predict that the rate of investment in rooftop solar will continue to increase – predicting 5 fold rise in capacity over next 20 years…resulting in 4,000MW of rooftop solar across the State, providing jobs for total 45,000 jobs and at least another $5 billion in investment. Little wonder that NSW environment minister Rob Stokes is a big fan, saying it is a “non-brainer” for society. He has also announced initiatives to support mid-scale solar.

>readmore> RenewEconomy

About groundswellbasscoast

This is on behalf of local climate change group. Material is selected by Bernie McComb and does not necessarily represent opinion of whole group.
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