by admin
May 3rd, 2011
Solar rebate deadline looming (Vic)
19 April 2011
With a federal government solar rebate about to be reduced in scale, Ingenero is educating people in Southern Victoria that by ordering a solar power system before 30 April, they will still get a rebate of $5680 (for the popular 2 kW-sized system).
According to Ingenero, wait any longer and the rebate reduces by $1160.
“The government demands the system be installed before 30 June to secure the higher rebate. That’s a very tight timeframe, so Ingenero is removing the risk and uncertainty for buyers,” says Ingenero CEO Steve McRae.
“We guarantee that anyone ordering a solar power system before the end of April will receive the full benefit of the current rebate, even if their system isn’t installed before the deadline.”
Ingenero is a leading renewable energy company with strong commercial credentials, including the construction (underway) of Australia’s largest flat panel solar facility at the University of Queensland in Brisbane.
The company also completed a $2.3 million installation at Alice Springs Airport in October 2010.
Solar power system owners in Victoria can earn almost triple the market rate for the energy they produce, making it easier to pay off the initial investment.
"With the money earned, a popular 2 kW system would usually pay itself off in six years, after which time the property owner can enjoy the profits!" said Mr McRae.
"Currently in Victoria, energy companies are paying 60c for every unit of solar electricity exported into the grid.
"Ingenero has a skilled team of solar consultants who can help customers work out the best system for their situation - either by phone or through a home visit."
Quick facts
- Electricity prices grew 27.7% in Victoria last year
- Customers stand to benefit from a federal government incentive of $5680 for the popular 2kW-size system
- Victoria produces the most solar-generated energy of all Australian states and territories
- In less than a decade since solar uptake records began, Victorian households increased their solar energy production 3399%
