The Queensland government is committed in reducing the states carbon footprint by one-third by the year 2020. They aim to accelerate the installation and generation of electricity by using clean energy sources and follow the Queensland Renewable Energy Plan. The federal government is also giving out financial incentives for the installation of roof-top solar panels through the Small-scale renewable energy scheme (SRES).
With this scheme, the projected electricity production capacity of a roof-top solar panel system is eligible for a certain number of small scale technology certificates (STCs), which are timed by the solar multiplier number. This is being reduced from July 1st from 5 down to 3 which represents about a $2500 increase in the out of pocket cost of a solar panel system. The multiplier will reduce by 1 each year until 2014 when the scheme will end.
The Renewable Energy Plan will provide a series of financial incentives that will help make the switch to renewable energy financially viable for an average family. This incentive can be taken advantage by any Queensland home owners. There also is another incentive given by the Queensland (QLD) government, which is the solar hot water rebate. QLD homeowners will be provided with up to $1,000 to be invested as an initial fund for the installation of the solar hot water system. This rebate should cover the installation of over 200,000 hot water systems in the next three years.
Queensland has the highest solar energy production of any area in Australia, thanks both the strong government support & favourable climate. There are currently about 15 to 24 Mega joules of soalr energy per square meter under production. Thanks to a commercial feed in tariff in place as well, solar panel installation is not only good for the environment, but also has exciting potential as a high return low risk investment for people with a large area of land or roof space available.
For anyone with just an average sized home though it is possible to significantly reduce the cost of your electricity bill. For example in the city of Brisbane a 1.5 kW solar panel will generate an average amount of 6.3 kWh of energy; this amount of electricity production combined with QLD government's 44 cents/kWh feed tariff is the amount the households can save. At current electricity prices this would be about $736 per year, but prices are expecting to increase exponentially in the next couple of years. Choosing to install a 2.5-3KWh system can eliminate the bill of an average family completely.
Another factor that has made renewable energy such a popular choice in Queensland is the support of the local government in creating awareness through promotion. Solar panels in Brisbane account for a significant number of the total solar installations in the state, and other major cities like Sunshine coast also add a considerable number, in fact that region from Brisbane through to Gympie and Hervey Bay is a booming area for solar!
Premier Solar is committed to being Australia's leading Solar Power & Renewable Energy solutions provider for both homes and medium to large scale commercial solar projects. We are specialists in effective and affordable solar PV panel System design and use only fully certified installers and product components which pass all government standards and certifications, to enable our customers to access full discounts and rebates, as well enjoy the peace of mind of 25 year warranties from long established manufacturers.
This blog is very helpful for solar installation.
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This should be followed by other countries so that many will put solar power for homes. This will benefit the homeowners and the earth as well. Thanks!
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