Solar's electric price shock

The NSW regulator’s proposal to downgrade the price paid for solar PV generation has ignored underlying flaws with our electricity market that will cost consumers and the solar PV industry.

Just as the solar PV industry came within sight of grid parity – where the cost of generating power from solar PV reaches levels competitive with grid supply – it has been snatched away from them.

With huge ramifications for the viability of the sector, the NSW utility regulator, IPART, has judged that there should be one rule for those that sell electricity to consumers, and another for consumers who produce electricity. 

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