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 Great: Call for cap on solar to limit OZschwitz power price rises

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RR Phantom

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Great: Call for cap on solar to limit OZschwitz power price rises Vide
PostSubject: Great: Call for cap on solar to limit OZschwitz power price rises   Great: Call for cap on solar to limit OZschwitz power price rises Icon_minitimeWed Dec 19, 2012 11:24 pm
THE national renewable energy target should be modified to prevent a costly boom in solar panel installations triggering higher electricity prices, the Climate Change Authority has recommended.

Great: Call for cap on solar to limit OZschwitz power price rises Art353666144164300x0



But the independent agency rejected calls for the target of 20 per cent of electricity to come from large-scale renewable energy generators, such as wind farms, by 2020.

Under current settings, the renewable energy target is projected to cost households between $12 and $64 extra a year.

Electricity prices have become one of the hottest political issues as a mix of factors - ranging from excessive investment in infrastructure, and the carbon price - have sent bills soaring by as much as 50 per cent in three years, with more increases to come.

Read more: http://www.smh.com.au/environment/conservation/call-for-cap-on-solar-to-limit-power-price-rises-20121219-2bnb0.html#ixzz2FYxXkRTL
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