{"id":29274,"date":"2019-04-01T05:56:33","date_gmt":"2019-03-31T19:26:33","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=29274"},"modified":"2019-04-01T05:56:33","modified_gmt":"2019-03-31T19:26:33","slug":"accc-solar-rebate-mb0995","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/accc-solar-rebate-mb0995\/","title":{"rendered":"ACCC Again Calls For Solar Subsidy Axing"},"content":{"rendered":"<div id=\"attachment_29277\" style=\"width: 1034px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" aria-describedby=\"caption-attachment-29277\" class=\"size-large wp-image-29277\" src=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/04\/solar-subsidy-axe-1024x611.jpg\" alt=\"Solar subsidy - ACCC\" width=\"1024\" height=\"611\" srcset=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/04\/solar-subsidy-axe-1024x611.jpg 1024w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/04\/solar-subsidy-axe-300x179.jpg 300w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/04\/solar-subsidy-axe-768x458.jpg 768w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/04\/solar-subsidy-axe.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><p id=\"caption-attachment-29277\" class=\"wp-caption-text\">Image: <a href=\"https:\/\/unsplash.com\/photos\/wQ5Po8HAEAI\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Chris Chow<\/a><\/p><\/div>\n<p>In a report released on Friday, the Australian Competition and Consumer Commission has repeated its earlier recommendation that Australia&#8217;s major solar subsidy should be prematurely ended.<!--more--><\/p>\n<p>Last year the ACCC called for the Small-scale Renewable Energy Scheme (SRES) to be wound down and abolished by 2021 &#8211; and its advice hasn&#8217;t changed.<\/p>\n<blockquote><p>&#8220;We reiterate this, given the scheme is expected to cost the average residential customer in the NEM $36 in 2020\u201321,&#8221; <a href=\"https:\/\/www.accc.gov.au\/system\/files\/1516_Monitoring%20of%20electricity%20in%20the%20National%20Electricity%20Market_D06.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">states<\/a> the Monitoring of supply in the National Electricity Market report. &#8220;The ACCC believes that the subsidy of small-scale installations is no longer required given the dramatic fall in the cost of solar installations since the inception of the scheme in 2011.&#8221;<\/p><\/blockquote>\n<p>The ACCC says the $36 figure is from an Australian Energy Market Commission (AEMC) report from December last year &#8211; The 2018 Residential Electricity Price Trends Review &#8211; Final Report. That figure is mentioned on <a href=\"https:\/\/www.aemc.gov.au\/sites\/default\/files\/2018-12\/2018%20Price%20Trends%20-%20Final%20Report%20-%20CLEAN.PDF\" target=\"_blank\" rel=\"noopener noreferrer\">page 59 of the AEMC report<\/a> and is based on an annual electricity bill of $1,338. Costs relating to the SRES work out to around\u00a0 2.6% of that total. It&#8217;s more than it has been, but still very much a bit player.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-29276 size-full\" src=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/04\/solar-subsidy-cost.png\" alt=\"Electricity cost breakdown\" width=\"800\" height=\"386\" srcset=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/04\/solar-subsidy-cost.png 800w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/04\/solar-subsidy-cost-300x145.png 300w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/04\/solar-subsidy-cost-768x371.png 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/p>\n<p>The ACCC acknowledges further into its own report that the subsidy (aka\u00a0 the &#8220;<a href=\"https:\/\/www.solarquotes.com.au\/panels\/rebate\/\">solar rebate<\/a>&#8220;<sup class='endnote'><a href='https:\/\/www.solarquotes.com.au\/blog\/accc-solar-rebate-mb0995\/#en-29274-1' id='enref-29274-1' onclick='return hhEndnotes_show(29274)'>1<\/a><\/sup>) is <a href=\"https:\/\/www.solarquotes.com.au\/blog\/solar-subsidy-2019-mb0827\/\">already being phased out<\/a> &#8211; the level of subsidy will drop each year before it ends in 2030.<\/p>\n<blockquote><p>&#8220;This will lead to the ongoing costs of the scheme reducing relatively slowly over time for future installations.&#8221; (page 89.)<\/p><\/blockquote>\n<p>Regardless, ACCC Chair Rod Sims is sticking to his guns.<\/p>\n<blockquote><p>&#8220;It\u2019s become economic for many households to install solar panels, so there\u2019s no reason why other users should subsidise this,&#8221; <a href=\"https:\/\/www.accc.gov.au\/media-release\/more-work-needed-to-make-electricity-prices-affordable\" target=\"_blank\" rel=\"noopener noreferrer\">he said<\/a>.<\/p><\/blockquote>\n<p>But the SRES provides good value &#8211; and it doesn&#8217;t just benefit those who have systems. It&#8217;s helped to rein in wholesale electricity prices (which benefits everyone), decreased electricity generation related emissions and created jobs. The subsidy assists battler families to slash their electricity costs through installing <a href=\"https:\/\/www.solarquotes.com.au\/solar101.html\">solar power systems<\/a> &#8211; and without it, they may miss out on that opportunity. The &#8220;many&#8221; Mr. Sims refers to wouldn&#8217;t be as many if the subsidy was axed now.<\/p>\n<p>SQ&#8217;s Ronald went into more detail on why the ACCC&#8217;s original recommendation was\/is bad\u00a0 here &#8211; <a href=\"https:\/\/www.solarquotes.com.au\/blog\/accc-solar-rebate\/\" target=\"_blank\" rel=\"noopener noreferrer\">The ACCC Wants To Lower Electricity Prices Even If It Kills You<\/a><\/p>\n<h2>Will The Solar Subsidy Be Axed?<\/h2>\n<p>While axing the subsidy may be vigorously supported by <a href=\"https:\/\/www.solarquotes.com.au\/blog\/kelly-solar-subsidy-mb0498\/\">some<\/a> <a href=\"https:\/\/www.solarquotes.com.au\/blog\/abbott-accc-solar-subsidy-mb0712\/\">politicians<\/a>, both Labor and the Coalition Government have said they&#8217;ll let it run its course.<\/p>\n<p>In October last year, Energy Minister Angus Taylor said there was &#8220;<a href=\"https:\/\/www.solarquotes.com.au\/blog\/angus-taylor-solar-citizens-mb0796\/\">no plan<\/a>&#8221; to change the SRES\u00a0 &#8211; and he&#8217;s sticking to that story according to <a href=\"https:\/\/www.smh.com.au\/business\/consumer-affairs\/accc-calls-for-an-end-to-rooftop-solar-subsidies-20190329-p518xt.html\" target=\"_blank\" rel=\"noopener noreferrer\">this article<\/a> on the Sydney Morning Herald.<\/p>\n<blockquote><p>&#8220;We know the real cause of price rises in recent years has been the actions of the big energy companies,&#8221; Minister Taylor said. &#8220;The SRES will gradually phase out between now and 2030, as renewables continue to become more cost competitive.&#8221;<\/p><\/blockquote>\n<p>Solar power is incredibly popular in Australia, so for a party to float the idea of killing off the subsidy with an election just around the corner would not be a wise move. Post-election? All bets are off, but it seems whipping electricity companies will remain the focus for a while yet.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a report released on Friday, the Australian Competition and Consumer Commission has repeated its earlier recommendation that Australia&#8217;s major solar subsidy should be prematurely ended.<\/p>\n","protected":false},"author":17,"featured_media":29277,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[678],"tags":[],"class_list":["post-29274","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-battery-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>ACCC Again Calls For Solar Subsidy Axing - SolarQuotes Blog<\/title>\n<meta name=\"description\" content=\"The Australian Competition and Consumer Commission has repeated its earlier recommendation that Australia&#039;s major solar subsidy should be prematurely ended.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.solarquotes.com.au\/blog\/accc-solar-rebate-mb0995\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ACCC Again Calls For Solar Subsidy Axing\" \/>\n<meta property=\"og:description\" content=\"The Australian Competition and Consumer Commission has repeated its earlier recommendation that Australia&#039;s major solar subsidy should be prematurely ended.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.solarquotes.com.au\/blog\/accc-solar-rebate-mb0995\/\" \/>\n<meta property=\"og:site_name\" content=\"SolarQuotes Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SolarQuotes\/\" \/>\n<meta property=\"article:published_time\" content=\"2019-03-31T19:26:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/04\/solar-subsidy-axe.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"716\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Michael Bloch\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@solar_quotes\" \/>\n<meta name=\"twitter:site\" content=\"@solar_quotes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/accc-solar-rebate-mb0995\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/accc-solar-rebate-mb0995\\\/\"},\"author\":{\"name\":\"Michael Bloch\",\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/#\\\/schema\\\/person\\\/66afd571aa00c2e442f0192ebac2f6f1\"},\"headline\":\"ACCC Again Calls For Solar Subsidy Axing\",\"datePublished\":\"2019-03-31T19:26:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/accc-solar-rebate-mb0995\\\/\"},\"wordCount\":574,\"commentCount\":11,\"publisher\":{\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/accc-solar-rebate-mb0995\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/wp-content\\\/uploads\\\/2019\\\/04\\\/solar-subsidy-axe.jpg\",\"articleSection\":[\"General Solar &amp; 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Echoing his comments made in August, Origin Energy managing director Frank Calabria said he wants solar subsidies shown the door sooner rather than later, even though Australia's national subsidy is already being gradually\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"An early end to Australia's solar subsidy?","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/10\/solar-rebate-end.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/10\/solar-rebate-end.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/10\/solar-rebate-end.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/10\/solar-rebate-end.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":22797,"url":"https:\/\/www.solarquotes.com.au\/blog\/accc-solar-subsidy-mb0663\/","url_meta":{"origin":29274,"position":1},"title":"NEWSFLASH: ACCC Wants Solar Subsidy Axed","author":"Michael Bloch","date":"July 11, 2018","format":false,"excerpt":"Solar supporters are in shock after an ACCC report published this morning recommended Australia's small-scale renewable energy scheme should be wound down and abolished by 2021. 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