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Beyond the expected

Feed-in tariff should fall according to the ICRC

By johnboy - 17 March 2011 4

Simon Corbell has announced that the Independent Competition and Regulatory Commission has advised him the solar feed-in tariff scheme should drop payments from 45.7c per kilowatt hour down to 39c.

“This advice from the ICRC Senior Commissioner to change the price is based on the ICRC’s assessment of increased competition in the Australian market, and the apparent long term reduction in the cost of solar panels and accompanying equipment.”

Under the Electricity Feed-in (Renewable Energy Premium) Act 2008, the minister is required to seek advice from the ICRC about the premium rate, circulate that advice to the members of the Legislative Assembly, and make a formal determination on the price that will apply from July 1, 2011.

Simon now has to consider this advice, and presumably the input of the solar industry before making a final decision at the beginning of April as to what the price will be from 1 July.

What’s Your opinion?


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4 Responses to
Feed-in tariff should fall according to the ICRC
Trad_and_Anon 8:17 am 27 Mar 11

Well, I never supported the feed in tariff as it appears to me to be an ideological product of a whole lot of unhinged greens dabbling in economics. As it stands, the costs associated with installing such a system favour only the well off – and those who have an installations site that will accept the panels. In my case, We have a flat roof and were going to put in both solar power and water. The decision was not motivated by the feed in tariffs or the rebates – our decision was motivated by wanting to reduce our costs and our reliance on anything from those bloodsucking leeches ACTEWAGL.
Anyway, we have several large trees near our property. While they do not block the afternoon sun, they do produce enormous amounts of litter – I am up on the roof one weekend in three cleaning it. They have also caused quite a bot of damage to my home over the years. I can’t have them removed because they are “significant”, according to a law brought in by the Greens. So, this is how doctrinaire the Greens are: we are not permitted remove two trees, which are dangerous – one dropped a branch that missed my son by about 0.5m – because of their “Tree Law” and I am unwilling to put in Solar power and water – because I do not want to spend my weekends up on the roof ensuring the collectors are not fouls by the refuse from these trees. I am, and I do not think this is not unreasonable, entitled to a lite and do not live to service the needs of a couple of trees. Apparently the Greens think otherwise, like all good eco-totalitarians. The Green’s have defeated their own policies. So we continue to emit tonnes of carbon (which does not bother me anyway.)

johnboy 2:07 pm 18 Mar 11

The ICRC report is now online.

Pandy 9:14 pm 17 Mar 11

GottaLoveCanberra said :

Oh how I cannot wait for July 1 to roll around!

Anyway, I shall divert all your attention back to last years media release from Minister Corbell in relation to the previous Feed-In Tariff change:
http://www.chiefminister.act.gov.au/media.php?v=9375

Particularly this part:

“”I have decided to fix the premium price for the period of two years for new installations to maintain investor confidence. “

So will he stand his ground in the face of the ICRC report? Or will he whimper out and change?

Like!!!!!

GottaLoveCanberra 7:28 pm 17 Mar 11

Oh how I cannot wait for July 1 to roll around!

Anyway, I shall divert all your attention back to last years media release from Minister Corbell in relation to the previous Feed-In Tariff change:
http://www.chiefminister.act.gov.au/media.php?v=9375

Particularly this part:

“”I have decided to fix the premium price for the period of two years for new installations to maintain investor confidence. “

So will he stand his ground in the face of the ICRC report? Or will he whimper out and change?

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