Tax rebate for green energy

Adelaide Advertiser
Wednesday 16/12/2009 Page: 7

COMPANIES constructing new, large scale solar and wind energy plants will receive payroll tax rebates from the State Government in an Australian first. Announcing the initiative from Copenhagen, Premier Mike Rann said rebates of up to $5 million would be on offer for solar projects and $1 million for wind. The rebate of payroll tax paid for labour directly associated with on-site construction of new renewable energy projects will apply until June 30, 2013, and will be reviewed after the first two years. To be eligible, the project must produce 30 MWs or more at maximum capacity and feed into the power grid at one connection point. Construction must start after July 1 next year.