26 Jun 2012

"The Solar Bonus Scheme has been very successful, with the solar industry now employing approximately 11,000 Queenslanders. The Solar Bonus Scheme itself has stimulated $2.37 billion worth of private investment", said Mr Thornton. "It is appropriate that the Queensland government reduces the level of its support scheme, given the great success of solar and the reduction in the cost of solar power systems in recent times. "However, this kind of sudden drop could have a serious negative impact on an industry that has been delivering major economic benefits to the state", he said.
A decision was made on Monday afternoon to reduce the level of support to householders under the Solar Bonus Scheme from 44¢ per kilowatt-hour down to 8¢. Mr Thornton said he was concerned about the Queensland Government's commitment to clean energy for the state, given it had also closed its rebate scheme for solar hot water last Friday.
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