16 March 2012 – Willoughby City Council, Sydney is encouraging residents wanting to install a solar PV system to visit the ClimateClever Shop before financial incentives from the federal government decrease on 1 July.
The online shop is supported by Willoughby City, Hunters Hill, Ku-ring-gai, Lane Cove, North Sydney and Mosman Councils.
The federal government’s solar credits scheme offers a discount of up to $2,511 for the first 1.5 kilowatts of capacity installed for systems connected to the main electricity grid.
According to the Department of Climate Change and Energy Efficiency, the financial incentive offered through the solar credits scheme will reduce by one third on 1 July 2012, and then by the same amount again by 1 July 2013. – reducing the discount to approximately $1,674 this year and to approximately $837 next year, a statement by Willoughby Council said.
“It makes financial sense for Willoughby residents to act now in order to take advantage of the financial support that still exists for the installation of small-scale renewable energy technology in households and businesses,” Willoughby Mayor, Pat Reilly said.