The Australian government has just terminated its AUS$8000.00 rebate scheme for domestic installation of PV solar panels. Two weeks early of its planned cessation.
What does that mean?
While economic stimulus in the US and, in part in Australia, is built on growing the renewable industries, this is the first sign that governments are now judging this movement needs no help. Plus people have been taking up this opportunity to a much greater extent than government budgeted for.
It is a must, so people will do it anyway, so government reasons. And it has already given out so much money in economic stimulus that it has no more to spend.
I have predicted this would happen sooner or later but I did not think it would be this soon. It’s not a mere two week cut, sooner than planned. This is a signal tthat will be repeated as the importance of The Economy resumes its undeserved first place over the Environment and Social domains.
Yes, the Australian government will still offer a solar credits system, but it’s not the same as a cash rebate, is it?
So, while governments still offer solar energy grants and rebate, take the opportunity now. Research what is available to in your country and take action.
Australian Renewable Energy Grants
Solar Energy grants – A Living Database
Australian Energy Incentives Government Source
