Sustainable Energy Industry Association Media Release , 8 August 2013
The WA State Government's announcement that the residential solar feed in tariff rate will be dramatically cut is disappointing, regressive and a massive betrayal of public trust, the Sustainable Energy Association (www.seaaus.com.au) said today.
As part of its budget announcement today, the State Government plans to cut the net feed in tariff (FiT) rate from 40 cents to 20 cents per unit over the next year. This change will affect over 75,000 WA households that installed solar PV from mid-2010 to mid-2011 when the scheme was abruptly shut down. The Government says this cut will put approximately $35million back into State coffers.
