May 2007:

Costello doubles federal photovoltaic rebate to $8,000

Incredible news: we now wryly call the Treasurer ‘Father Christello’ – or ‘Santa Klaustello’!

Since the announcement, Solar Shop Australia offices have gone into overdrive. The rebate is proving a significant factor in removing the perception that solar electricity is too expensive to install.

With other state government incentives that reduce the payback time for many homeowners to 10 years or less, we believe that we are seeing only the start of what will be an explosion of growth in the solar electricity industry.