News

No solar panels? You're still footing the bill

Hervey Bay Bowls Club chairman Gary Smith and Rowan Walk from Solar Power Wide Bay Burnett check out the savings the club has made since installing 40 solar panels.
Hervey Bay Bowls Club chairman Gary Smith and Rowan Walk from Solar Power Wide Bay Burnett check out the savings the club has made since installing 40 solar panels. Alistair Brightman

EVEN if you don't have solar panels, you're helping to pay for your neighbour's.

The Queensland Competition Authority said the cost of the Solar Bonus Scheme accounted for about 30% of the expected increase for the typical residential customer on Tariff 11.

The QCA anticipated the cost of generating electricity would rise by 29% in 2014-2015, adding $68 to the bill paid by the typical residential customer.

"The cost of the Solar Bonus Scheme will double in 2014-2015, adding another $57," he said.

"While poles and wires no longer account for the largest increase in costs, networks are still likely to add $50 to the typical bill."

The Solar Bonus Scheme offers 44 cent and 8c bonus tariff rates to approved PV system customers.

The Department of Energy and Water Supply said eligibility for the scheme depended on when an application was lodged, the date of installation of the PV system, the capacity of the system, amount of energy used and the status of the electricity account holder for the premises.

On July 1, the current 8c tariff rate offered for solar power fed back into the grid would be reconsidered.

Topics:  hervey bay, maryborough, power costs, solar panels, solar power



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