Australia’s disturbing solar precedent

The Barnett WA government yesterday applied a retroactive cut to its solar feed-in tariff. The broken promise is a worrying precedent for solar homeowners across the country.

Existing owners of solar systems have had the value of their investments slashed by a decision of the WA government to prematurely cut the level of the feed-in tariff they receive. The move creates a concerning precedent for investors across the country in renewable energy.

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