Solar incentive schemes working just fine
Solar incentive schemes actually do what they were intended, and significantly reduce the amount of fossil fuel electricity drawn from the national power grid. This is according to a report issued this week by the Renewable Energy Certificates Agents Association.
The analysis claimed that electricity consumption fell 3.2 percent over the three years to 2011, and more than half of the cut in power use was due to photovoltaic solar panels, solar hot water systems and energy savings programs to encourage the use of more efficient lightbulbs and appliances.
The implications of this, according to the report, are that the schemes will restrict the pace at which energy bills will increase, and minimise the need for new large baseload power stations over the next decade.
The report comes as solar incentive schemes have been wound back around Australia amid criticism of their cost to Governments.
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