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Sunday, November 18th, 2018
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Get 60 c/Kwh* for your energy produced through Solar and Windmills/ Solar Bonus Scheme for NSW.
18-02-2010 4:24:13 PM
 

  Solar Bonus Scheme for NSW The NSW Government has recently announced new details for the design of the Solar Bonus Scheme set to commence on 1 January 2010.  See the Premier's Media Release of 10 November 2009. The Solar Bonus Scheme will credit participating customers with a "gross" feed-in tariff rate of 60 cents per kilowatt hour for all the electricity that their eligible solar photovoltaic (PV) system or wind turbine generates. The Scheme will operate for seven years. The Scheme applies the most generous tariff rate out of any of the schemes currently on offer across Australia to all electricity generated by eligible renewable energy generators. This demonstrates the NSW Government's commitment to supporting the growth of the renewable energy industry. The legislation provides for transitional arrangements to implement the Solar Bonus Scheme so that electricity network businesses, notably EnergyAustralia and Country Energy (and Integral Energy for a small number of customers), can transition from “net” to "gross" metering. This means that over the first six months of the Scheme, certain customers may receive different benefits under the Scheme. Households and businesses wishing to participate in the Solar Bonus Scheme should carefully read the information in the Questions and Answers particularly in relation to the transitional arrangements, metering and billing arrangements, to understand how the Scheme will apply to them during the six month transitional period. The Solar Bonus Scheme will credit eligible participating customers with a "gross" feed-in tariff rate of 60 cents per kilowatt hour for all the electricity that their eligible solar photovoltaic (PV) system or wind turbine generates subject to the transitional arrangements. The Scheme will operate for seven years. The key features of NSW Solar Bonus Scheme include: ·It will credit eligible customers with a 'gross' feed-in tariff rate of 60 cents per kilowatt hour for all the electricity that their eligible solar photovoltaic (PV) system or wind turbine generates subject to the transitional arrangements. ·Small electricity customers (those with an annual electricity consumption of up to 160 megawatt hours) are eligible to participate in the Scheme. ·Solar PV systems and wind turbines up to 10 kilowatts in size will be eligible for the Scheme. ·The tariff rate of 60 cents per kilowatt hour will be fixed for the life of the Scheme, meaning it will not vary with the time of the day or during the life of the Scheme. ·The Scheme will commence on 1 January 2010 (please see Question and Answer on  transitional arrangements) and will operate for 7 years. ·The Scheme will be reviewed in 2012, or when the installed capacity of renewable energy generators participating in the Scheme reaches 50 megawatts, whichever occurs first. More information is available in the Solar Bonus Scheme Questions and Answers. NSW Government objectives for the Scheme ·Encourage and support those who want to generate renewable energy as a response to climate change. ·Develop jobs in the renewable energy sector by assisting renewable energy generation to compete with non-renewable energy generation. ·Increase public exposure to renewable energy technology to encourage the whole community to respond to climate change. More information is available at the main Solar Bonus Scheme web page. http://www.industry.nsw.gov.au/energy/sustainable/renewable/solar/solar-scheme