02 Sep '11, 10am

Victoria's solar industry criticises weak renewable energy policies

Australia’s national electrical industry association has decried a decision by the Victorian state government to slash solar incentives, the second major blow this week to the state’s renewable energy industries. The National Electrical and Communications Association (NECA) of Australia, the only association for electrical and communications companies in the country, expressed dismay at a Thursday announcement from Victoria’s Minister for Energy and Resources, Michael O’Brien, to replace its Premium Feed-in Tariff (PFIT) scheme for solar energy with a reduced incentive programme. Under the current PFIT scheme, some 50,000 customers in the state receive 60 cents for every kilowatt hour of excess electricity fed into the grid using their small scale solar systems. The scheme is reaching its cap of accepting 100 megawatts of solar power across the state. Victoria’s Coalition ...

Full article: http://www.eco-business.com/news/victorias-solar-industry...

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