Rumours are abound that the Federal Government in Australia may be going to reduce the subsidies to home solar installations even faster than expected. As of July 1 the multiplier used to calculate the subsidy on a 1.5kw system will reduce from 5 to 4. This will mean up to a $1200 increase in the cost of an install. However it has been runoured that it could be cut to 3 times multiplyer which translate into an increase cost of between $2000 and $2500 for a 1.5 KW system. There are also rumours that they may however increase the size of the system the multipler applies to. Given the past track record this will be announced if true with little notice.
Kind Regards
Mark
No comments:
Post a Comment