Small-scale renewable energy target zero cost to householders
The Small-scale Renewable Energy Scheme (SRES) will have a zero net cost impact on household power bills, according to an analysis released today by the
REC Agents Association (RAA), a national industry body representing companies that trade in renewable energy certificates.
The cost of the SRES, which helps families install solar panels and solar hot water systems, is expected to halve over the next two years to less than 1% of a power bill.
The reduction in wholesale electricity prices delivered by the SRES cancels out any related cost increase that gets passed through to customers.
http://www.recagents.asn.au/