Thursday 19 May 2011

WA to reduce Feed in Tariff to 20c/kWh

The West Australian net FiT is halfed from 40c/kWh to 20c/kWh from 1st July 11 onwards.
The Office of Energy (OOE) published this on their website today the 19/5/2011

Important: you still got a little bit of time till the end of June to hand in your FiT application.

This is another adhoc decision by politicians just after reducing the Solar Credits multiplier from 5 to 3 without thinking about the longerterm effects and is damaging the trust people have in politics.

More info here:
http://www.energy.wa.gov.au/3/3738/64/changes_to_the_scheme.pm
http://www.energy.wa.gov.au/cproot/2557/2/Changes_to%20_feed%20in_tariff_scheme_July2011_web.pdf


Australia is drunk