$100m off power bills after solar credits scheme axed early

HOUSEHOLDS will avoid up to $100 million in power bill increases next year because a green scheme is being axed early.

The Gillard Government said it would phase out its solar credits multiplier in January, six months ahead of schedule, because a massive surge in panels fitted to roofs was driving up electricity costs.

The multiplier effectively provides double payments for solar energy created by homes with photovoltaic panels.

But Climate Change Minister Greg Combet said households had borne the brunt of those payments, through higher power bills, and the multiplier should be scrapped early.

"This will lower the impact of the high uptake of solar PV on electricity costs for homes and businesses," Mr Combet said.

Read more at News.com.au
 


Dedicated owner keeps car in pristine condition

Dedicated owner keeps car in pristine condition

The car is a fixture of the family and something to bond over.

Community to celebrate the long haul

Community to celebrate the long haul

Committee members are calling all to come and celebrate 70 years.

Miss Show Girl enjoys bringing people together

Miss Show Girl enjoys bringing people together

Get to know Bridget Webster.

Local Partners