The Queensland Government will end the solar bonus scheme (Feed-in Tariff) from June 6th 2011. Last Chance Order now….
This had me concerned, as I hadn’t heard anything about it…
However…… The advertisers do not always put the full information on full display.
Just a few extra letters in the headline would let people know the full story;
The Queensland Government will end the solar bonus scheme (Feed-in Tariff) from June 6th 2011 for systems over 5kW.
But then, the customers may not jump in quickly, if they know the full information.
Most people buy a 1.5kW system, some go for a 3kW system, and these people are not affected by this change. It seems that only the people who are looking at a system costing over about $20,000 will be affected by this June 2011 change.
Just as a guide, the common pricing for installation of these systems was about:
- 1.5 kW system $2,000
- 3.0 kW system $8,500
However with the recent change in value of the RECS, (RECS are different to the feed in tariff*) the installation costs of these systems are now more like this:
- 1.5 kW system $3,700
- 3.0 kW system $10,600
- 5.0 kW system $21,200
- 10.0 kW system $42,000
- 20.0 kW system $85,000
- 30.0 kW system $99,000
These prices are an indication, taken as an average from a few suppliers, on May 19th 2011.
* Note:
RECS relate to discounts on the Installation Cost
Feed-In Tariff relates to reductions on future electric bills
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