A winter solstice for Queensland solar

The Queensland government will slash the rate of the solar feed-in tariff from 44 cents to 8 cents for new applicants after July 9. This will hurt the industry over the longer-term and set a worrying precedent for other states; but could result in a short-lived boom.

Referring to the Draft Energy White Paper that had already DEWP'd solar, the Queensland energy minister made a decision to “continue the solar bonus scheme”, but slashed the rate from 44 cents to 8 cents per kilowatt-hour (kWh). 

Some 'continuation'!

But while some may scream about this, it’s not all bad news. However, there are considerable implications for the PV industry outside of Queensland.

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