Although the Australian Government’s Carbon Pollution Reduction Scheme has been put on hold, there are many things that we, as individuals, can do to limit green house gas emissions. My neighbour for example, has just installed a 2 kw solar power system which he thinks will pay for itself in a few years. Considering the rebates that are still available, I think it is a great idea and it has motivated me to plan to install one as well in the not too distant future. I mean if we now have a breathing space of 3 years till the tax from carbon reduction schemes comes in, this window offers a great opportunity to get a system installed before electricity prices really go through the roof, as predicted.
Hold the press, I have just tried to see which rebates are still available for those who wish to install a small solar power system and it is very confusing. It seems the Federal government have now closed the previous generous $8000 rebate scheme and it is now through a system of RECs where there is an opportunity to purchase units at a reduced price. State governments have systems of buyback or credits if you remain linked into the main power grid. This could add up to around $1500 a year for a small 1.5kw system apparently. Maybe my plan for a small solar power system is further away than I thought.
If the Government is planning to defer the implementation of an ETS I think it is only fair that a rebate system to encourage home owners to install modest solar power systems should be re-introduced, so at least individuals can do their bit to reduce greenhouse gas emissions.