Solar marred by a myth

Claims that support for solar PV is hugely expensive abatement are out of date and sometimes just plain wrong. Based on the latest data, the small-scale renewable energy support scheme (SRES) will reduce emissions at lower costs than gas-fired power.

The REC Agents Association has released analysis today indicating the cost of the small-scale (primarily solar) component of the Renewable Energy Target (the ‘SRES’) is likely to decline by 62 per cent between now and 2015.

The table below outlines the underlying basis for this calculation, showing that the cost per megawatt-hour of electricity purchased by consumers drops from $7.19 today, to $2.73 in 2015.

Cost impacts of small-scale renewable energy target (SRES)

{{content.question}}

Mastercard

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to proceed...

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access

Mastercard

Updating information

Please wait ...

Trial

Mastercard
{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership

Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles