Putting solar electricity feed in tariff solution on the roof is no longer sustainable as the feed in tariff which was $0.60 (probably not sustainable) has now dropped to $0.20 from October 2010 for new applicants.
Selling power @ $0.20 and buying back @$0.40 in peak or even more if paying for green does not make any economic sense.
Selling power @ $0.20 and buying back @$0.40 in peak or even more if paying for green does not make any economic sense.
So no solar system for my roof, and I am disappointed because many thousands of employees in this industry will now face economic disruption.
Do we really need to think on this one - putting solar on the roof is a long term economic way to reduce CO2 but not any more in NSW, Australia, thanks to some short term thinking of our elected officials.
No comments:
Post a Comment