Queenslanders continue to chase rooftop solar dream

The hunger for rooftop solar continues to grow in Queensland, with another 3,250 rooftop solar arrays being officially metered in March, and more than 4,000 new applications received in the same month.
As this graph below shows, the number of applications has rebounded strongly in the last few months, taking the industry by surprise, which had expected a continued fall-off in the uptake of rooftop solar as tariffs were unwound.

wpid-PastedGraphic-2014-04-10-06-10.png

New data from Energex delivers some other interesting insights. One is that the actual amount of money paid out for feed in tariffs is declining.
That’s because around 700 homes changed owners, meaning that their rooftop systems changed from the old 44c/kWh rate to the 8c/kWh rate. That is bringing the average feed in tariff down to 37.5c/kWh.

wpid-PastedGraphic2-2014-04-10-06-10.png

Finally, this graph below shows the installed capacity of solar within the Energex system, and how it has shot up over the last four years since the premium (44c/kWh) tariff was first introduced. The red signals the amount of capacity that does not enjoy that tariff. Gradually, as the red displaces more of the blue, solar will emerge as low cost, sustainable power source.
wpid-energex-solar-installs-590x297-2014-04-10-06-10.jpg