RR Phantom
Location : Wasted Space Job/hobbies : Cayman Islands Actuary
| Subject: OZschwitz statists reneging on a 10-year undertaking for households that feed-in solar power to the grid Fri Aug 09, 2013 1:15 am | |
| The West Australian government believes it's safe from legal action after reneging on a 10-year undertaking for households that feed-in solar power to the grid.
As part of a raft of concessions and subsidies slashed in the state budget handed down on Thursday, the WA government halved the residential solar feed-in tariff rate to save $51 million.
We have an obligation to move money into priority areas
The program, introduced in 2009, was such a success the Liberal government had to admit in 2011 the take-up cap had been breached, costing it some $46 million more than planned.
Householders who had spent thousands of dollars installing solar power systems took to talkback radio on Friday, saying they had been promised in writing they would receive a set price for their surplus solar power for 10 years.
Read more: http://www.watoday.com.au/wa-news/buswell-thumbs-nose-at-solarpanels-anger-20130809-2rmcb.html#ixzz2bRiNwvPu |
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