Monday, 23 April 2007

The sun rises on alternative energy

Mining Chronicle
April, 2007 Page: 82

Australian industry is under pressure to embrace cleaner, more efficient methods of energy use. For businesses relying on wasteful, archaic technology to supply power, this may cause difficulties when the time for change approaches.

According to Jeremy Rich, the managing director of Energy Matters, the sun is beginning to shine on a new breed of energy alternatives. "By replacing coal or diesel powered machinery with renewable energy powered sources, companies can improve their image whilst saving money," he said.

"In Western Australia alone, over half the state's energy usage comes from pumping water. Right now, the majority of that water is pumped using traditional diesel or electric systems." Renewable energy pumps - such as solar pumps - can offer a user-friendly and cost-effective alternative to diesel powered pumps.

When once solar power was an extreme fringe technology, considered impractical for common use, it has now advanced to the point where it provides a realistic alternative to fuel powered systems that require constant maintenance and refueling - which put a drain on resources.

Solar systems are totally reliable. If designed and installed correctly, they require a minimum of upkeep and can utilise existing generators as backup. In WA, eligible companies making an investment in renewable power can obtain a 40 per cent tax credit rebate for off-grid systems.

The Federal Government will review its $11.4m subsidy scheme during the next budget cycle, but with the nation focused on the dangers of climate change, and with expectations of a new carbon trading and tax program when the Government releases its discussion paper in May, establishing a clean energy policy makes good business sense for companies seeking to enhance their image and save money.

To learn more about how clean energy can improve your business, contact Energy Matters, Australia's premier dealer of renewable energy products. Or visit www.energymatters.com.au

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