Baillieu joins counter-attack on solar

The decision to cut the Victorian feed-in tariff to 8 cents may be just a hint of further speed humps ahead that could completely undercut bold boasts of solar PV’s inevitable ascendancy. The industry needs to rein in optimistic boasting that will tempt counter action to muffle PV’s growth.

The Victorian government announced yesterday it will no longer accept applications for the one-for-one 25 cent solar feed-in tariff after September 30. Systems applying after this date will only be entitled to a minimum of 8 cents for a kilowatt-hour (kWh) of electricity they export to the grid.

This export rate will be reviewed each year to reflect changes in wholesale electricity market prices. In addition those on the 25 cent feed-in tariff will revert to the 8 cent rate from the beginning of 2017.

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