09 November 2008

PV panel feed in tariffs for NSW

Carmel Tebbutt, the NSW Government Environment Minister, has given a pledge to introduce feed in tariffs for solar panels in NSW.

Many other states in Australia have had feed in tariffs for some time, notably South Australia, which this year started paying people double the market rate for feeding power back into the grid.

Apparently the NSW Government has grown tired of waiting for a National approach driven by the Federal Government, so they have decided to 'go it alone'.

Great news for those with panels and possibly just the incentive necessary for many to consider installing panels.

No word on when it will come into play or how it will operate, but first steps are good steps.


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