Solar Means Test Not So Bad For Industry

The Federal Government's May 13th introduction of the means test came as a shock to the newly formed Australian Solar industry. Our company, like most others experienced the tragic loss of many up and coming customers who were in the process of finalising their paper work for the rebate application.

 

For the first two weeks, the company sentiment was tending towards doom and gloom for the industry because the majority of our grid connect customers were above the $100k means test threshold. Since then however a lot has changed for SolarGen and our industry. It appears that the media coverage on the means test has had an unforseen consequence which was to inform those under the means test to the availability of a rebate as well as grid solar as a existing product available to curb electricity costs. So the buzzing activity of the Australian grid solar industry can now be attributed to our elderly and concerned working citizens who have since discovered the benefits of buying a grid solar system now which leads me onto the next critical fact, rebate quantity.

 

The solar rebate is only available to 6,000 household owners each year. This number resets on the first of July each year for the next two years. Extensive media coverage about looming carbon tax and carbon trading schemes is making customers choose grid solar systems sooner rather than later as a way of securing their rebate. Eventually market forces will drive up the price of electricity which will force the population to consider renewable energy systems as well as energy conservation strategies. At that point there WILL be no rebates, which are only here while cheap fossil energy prices still exist. The introduction of the Federal Government's "Green Loans for Aussie Homes" low interest loan in 2009 will put further stress on rebate availability as green loans is for 200,000 working households meaning it could be possible to initially offset the post rebate costs. The moral of the story is simple, rebates won't be here forever! Whilst the cost of systems will come down at some point in the future by some margin, it certainly won't be by $8,000 which is what you'll be missing if the rebate system changes!

 

 


Solar Panel Installations

 

 

Benefits of Going Solar


* Free electricity from the sun
* No greenhouse gas emissions
* No or lower electricity bills
* Avoid rising electricity prices
* Silent systems, no moving parts
* Increase the value of your home
* You can add more panels later
* Quality long lasting systems
* Guaranteed return on investment
* Deal with accredited installers 
 Home Solar Panels

Latest Solar News

SolarGen's Official Opening...

Today we held the official opening of our new head office in Bundoora, the day was a success and went better than anticipated with staff, po...

Government Rebate News



The maximum rebate, for an average-sized 1.5 kilowatt system, will be about $7500. A smaller-sized 1.0 kilowatt system will attract a rebate of about $5000.

The value of the rebate will fluctuate and it will decline annually from 2010 until 2016 when the program finishes.



Quality Solar Panels & Solar Inverters

 

We use only the highest quality Solar Panels and Solar Inverters such as the CEEG and Schott brands of panels along with Power One Aurora and Sunteams inverters. All the system components we use are well known for their superior quality, high durability and outstanding efficiency.

 

Going Solar? Contact us and we'll give you a call!