At A.C.T. Solar we are constantly following the trends of the solar power industry here in Canberra and around the country. We watch with interest to see how the forthcoming Federal Election will impact the solar industry – in particular the incentives to install solar systems. Both the Coalition and the Labor party claim to have strong environmental policies and commitments to reducing CO2 emissions and solar should be a key component of any of these policies (you would hope!).
The Independent Competition and Regulatory Commission released an interesting report which highlights how A.C.T. / Canberra residents have embraced solar uptake and some of the findings include the following:
- over 12,500 renewable generators (solar predominantly) as of 31 March 2013.
- this equates to 32 Mwatts capacity as of the same date. This is a huge figure and makes a significant dent in greenhouse emissions for the A.C.T. Solar power systems should have a lifespan of 20 to 25 plus years so once installed the CO2 reductions are ongoing – rather than relying on predominantly coal or gas fired electricity generation you can have your house running (in part at least – ask us for a detailed breakdown) off your own solar electricity generating system.
- There are 63 suburbs with more than 100 units connected.
The question is whether this uptake will continue. The cut in the feed in tariff available in the A.C.T. does not have to be a huge negative as we can explain to you. With your solar system installed the power generated is fed into your home where that power is used and only any extra electricity not used in your home is sent to the electricity grid. This means by carefully ensuring we understand your power needs and establish the size of p.v. system best suited to your household you can get a very worthwhile return from the installed solar system. The benefits of solar installation in Canberra and the A.C.T. look likely to remain valid for many years to come.