Solar News and Media Releases

Today’s announcement of a gross feed-in tariff by the Rees Government is welcomed by the solar industry, however some concerns remain with the scheme scheduled to have onlya seven year life.

Solar Shop Australia managing director Adrian Ferraretto said that the announcement shows that the Rees’ Government wants to lead the Nation with solar power policy but has come up somewhat short.

“The scheme of 60 cents gross is great in principal and we do applaud Mr Rees and the NSW Government for making this bold commitment,” Mr Ferraretto said.

“However, we are concerned that the scheme has a life of only seven years which is less than half the duration of the other feed-in tariff schemes around Australia.

From today, South Australian homeowners, property investors and business owners will have the opportunity to take advantage of Sunworks, a new and uniquely tailored finance solution enabling the affordable installation of solar power systems from Solar Shop Australia.

Until now, households have focused on installing small 1kiloWatt solar power systems on their homes, which unfortunately, only sees them offsetting a small proportion of their current electricity bill. Sunworks encourages people to install larger systems designed to offset the majority if not all of their current bill.

The solution is broken into two parts, an initial deposit, followed by regular repayments that are a similar cost to their current electricity bill. Once paid for, the owner has an energy producing asset for many years to come.