{"id":3927,"date":"2014-08-18T13:16:54","date_gmt":"2014-08-18T03:46:54","guid":{"rendered":"http:\/\/www.solarquotes.com.au\/blog\/?p=3927"},"modified":"2014-12-21T21:36:36","modified_gmt":"2014-12-21T12:06:36","slug":"ret-axed-happens-solar-rebate","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/ret-axed-happens-solar-rebate\/","title":{"rendered":"Is Abbott about to axe the Solar Rebate (and push solar prices through the roof) ?"},"content":{"rendered":"<div id=\"attachment_4352\" style=\"width: 660px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2014\/08\/abbott-renewables.jpg\"><img decoding=\"async\" aria-describedby=\"caption-attachment-4352\" class=\"size-full wp-image-4352\" src=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2014\/08\/abbott-renewables.jpg\" alt=\"tony abbott and renewables\" width=\"650\" height=\"434\" \/><\/a><p id=\"caption-attachment-4352\" class=\"wp-caption-text\">What does Abbott have in store for solar?<\/p><\/div>\n<p>Well, I woke up this morning to a beautiful spring day. Only to see an inbox full of emails telling me that, <a title=\"RET to be axed?\" href=\"http:\/\/www.afr.com\/p\/national\/abbott_plan_to_axe_ret_H2znp8ix2CuwbJe6jyb5ZP\" target=\"_blank\">according to the Australian Financial Review,<\/a> Tony Abbott has already decided to scrap the Renewable Energy Target (RET) no matter what his review panel advises.<\/p>\n<p>Bummer!<\/p>\n<p>Let&#8217;s\u00a0see what the rest of the papers have to say on the matter. Well, the most recent article I can find, published at\u00a09am,\u00a0is telling me\u00a0that the government maintains it has\u00a0<a title=\"Or will they?\" href=\"http:\/\/www.smh.com.au\/federal-politics\/political-news\/renewable-energy-target-to-stay-says-mathias-cormann-20140818-3dv4l.html\" target=\"_blank\">absolutely no intention of scrapping the RET<\/a>.<\/p>\n<p>Hmmmmm.<!--more--><\/p>\n<p>So what the flippin&#8217; heck\u00a0is going on?<\/p>\n<p>One thing we can be sure of is this: if this government comes out and states categorically that it is not going to do something&#8230; then the opposite is almost certainly\u00a0true. Like most pollies they have no problem lying through their cigar stained teeth.<\/p>\n<p>So I&#8217;m assuming the RET will be scrapped in the next couple of months.<\/p>\n<p>Now, from the emails and facebook comments that are coming through at the moment, it seems that there is a lot of confusion out there about what scrapping the RET will mean for people who are thinking of going solar.<\/p>\n<p><em>So here&#8217;s the answer: <strong>If the RET is totally scrapped, then the Solar Rebate is scrapped. <\/strong><\/em><\/p>\n<p><em><strong>If the solar rebate is scrapped then\u00a0the price of solar will go up by about 50%. <\/strong><\/em><\/p>\n<p><em><strong>In other words a typical, 5kW system could become $4,000 more expensive overnight.<\/strong><\/em><\/p>\n<p>This could\u00a0happen because the RET compels electricity generators to either build renewable generation, or buy &#8220;certificates&#8221; from those who do. The people selling their certificates may be a company that own a commercial wind farm or a family that owns a residential solar system.<\/p>\n<p>But if there is no RET, there is no market for those certificates and there is no more solar rebate.<\/p>\n<p>So if you are considering reducing your bills with solar, may I be so bold as to suggest that now is a good time to sign a contract with your chosen installer so you can lock in the current rebate before its likely demise in the next couple of months.<\/p>\n<p>And, of course, if you need quotes for solar in a hurry, you can <a href=\"https:\/\/www.solarquotes.com.au\/quote\">get 3 quotes to compare from hand picked, local installers here<\/a>.<\/p>\n<p><strong>UPDATE:<\/strong><\/p>\n<p><strong>This blog post was written in August 2014. In December 2014 after much public backlash and the sterling work of the Australian Solar Council, Abbott promised that &#8220;household solar will be untouched&#8221; no matter what happens to the rest of the\u00a0RET. If he is telling the truth (ha!) then the financial incentives (AKA rebates) will not be changing in 2015. Your call if you want to believe this promise.<\/strong><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Well, I woke up this morning to a beautiful spring day. Only to see an inbox full of emails telling me that, according to the Australian Financial Review, Tony Abbott has already decided to scrap the Renewable Energy Target (RET) no matter what his review panel advises. Bummer! Let&#8217;s\u00a0see what the rest of the papers [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","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":[54],"tags":[33],"class_list":["post-3927","post","type-post","status-publish","format-standard","hentry","category-solar-policy","tag-solar-rebates","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>If the RET is Axed What Happens To The Solar Rebate?<\/title>\n<meta name=\"description\" content=\"The government is threatening to kill the RET. What will happen to the solar rebate if it does? Find out here.\" \/>\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\/ret-axed-happens-solar-rebate\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Is Abbott about to axe the Solar Rebate (and push solar prices through the roof) ?\" \/>\n<meta property=\"og:description\" content=\"The government is threatening to kill the RET. What will happen to the solar rebate if it does? Find out here.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.solarquotes.com.au\/blog\/ret-axed-happens-solar-rebate\/\" \/>\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=\"2014-08-18T03:46:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2014-12-21T12:06:36+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2014\/08\/abbott-renewables.jpg\" \/>\n<meta name=\"author\" content=\"Finn Peacock\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@FinnPeacock\" \/>\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\\\/ret-axed-happens-solar-rebate\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/ret-axed-happens-solar-rebate\\\/\"},\"author\":{\"name\":\"Finn Peacock\",\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/#\\\/schema\\\/person\\\/495c35fb3086e6ef93220dcf2472b178\"},\"headline\":\"Is Abbott about to axe the Solar Rebate (and push solar prices through the roof) ?\",\"datePublished\":\"2014-08-18T03:46:54+00:00\",\"dateModified\":\"2014-12-21T12:06:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/ret-axed-happens-solar-rebate\\\/\"},\"wordCount\":482,\"commentCount\":84,\"publisher\":{\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/ret-axed-happens-solar-rebate\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/wp-content\\\/uploads\\\/2014\\\/08\\\/abbott-renewables.jpg\",\"keywords\":[\"Solar Rebates\"],\"articleSection\":[\"Solar Policy\"],\"inLanguage\":\"en-AU\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/ret-axed-happens-solar-rebate\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/ret-axed-happens-solar-rebate\\\/\",\"url\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/ret-axed-happens-solar-rebate\\\/\",\"name\":\"If the RET is Axed What Happens To The Solar Rebate?\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/ret-axed-happens-solar-rebate\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/ret-axed-happens-solar-rebate\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/wp-content\\\/uploads\\\/2014\\\/08\\\/abbott-renewables.jpg\",\"datePublished\":\"2014-08-18T03:46:54+00:00\",\"dateModified\":\"2014-12-21T12:06:36+00:00\",\"description\":\"The government is threatening to kill the RET. 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As we reported on Monday, Craig Kelly believes Australia's major solar subsidy (sometimes referred to as the \"solar rebate\")\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":"Tony Abbott - solar subsidies","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/03\/abbott-solar-subsidies.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/03\/abbott-solar-subsidies.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/03\/abbott-solar-subsidies.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/03\/abbott-solar-subsidies.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":23592,"url":"https:\/\/www.solarquotes.com.au\/blog\/abbott-accc-solar-subsidy-mb0712\/","url_meta":{"origin":3927,"position":1},"title":"Abbott Backs ACCC&#8217;s Call For Solar Subsidy Axing","author":"Michael Bloch","date":"August 20, 2018","format":false,"excerpt":"Shock, horror. Tony Abbott has embraced the ACCC's recommendation to axe Australia's solar subsidy early. Mr. Abbott says the Turnbull Government should be grateful Victoria is against the National Energy Guarantee (NEG) and use it as an escape route. \"The government could then craft a new energy policy based largely\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":"Tony Abbott - solar subsidies","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/08\/abbott-solar-subsidies.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/08\/abbott-solar-subsidies.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/08\/abbott-solar-subsidies.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/08\/abbott-solar-subsidies.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":15180,"url":"https:\/\/www.solarquotes.com.au\/blog\/abbott-solar-power-subsidies-mb0216\/","url_meta":{"origin":3927,"position":2},"title":"Ditch Wind And Solar Power Subsidies, Forget The CET : Abbott","author":"Michael Bloch","date":"September 21, 2017","format":false,"excerpt":"Ex-Prime Minister Tony Abbott's latest dummy spit on renewables is same-old, same-old - but it has turned up the coal-fired heat on the Turnbull Government. Mr. Abbott has been a very busy backbencher over the last couple of days - first an interview on Sky News on Tuesday night where\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":"Tony Abbott takes aim at wind and solar power","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/09\/tony-abbott-renewable-energy.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/09\/tony-abbott-renewable-energy.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/09\/tony-abbott-renewable-energy.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/09\/tony-abbott-renewable-energy.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":5180,"url":"https:\/\/www.solarquotes.com.au\/blog\/the-changing-face-of-australian-solar-as-confidence-returns\/","url_meta":{"origin":3927,"position":3},"title":"The changing face of Australian solar as confidence returns","author":"Staff Writer","date":"November 9, 2015","format":false,"excerpt":"There\u2019s a new spring in the step of investors in big solar as confidence that has been lacking during the Abbott years has been boosted following the Turnbull takeover. The level of enthusiasm for solar power in Australia \u2014 and large-scale projects in particular \u2014 has been remarkable. The removal\u2026","rel":"","context":"In &quot;Big Solar&quot;","block_context":{"text":"Big Solar","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/utility-scale-solar\/"},"img":{"alt_text":"changes ahead sign","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2015\/11\/solar-changes.jpg?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2015\/11\/solar-changes.jpg?resize=350%2C200 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2015\/11\/solar-changes.jpg?resize=525%2C300 1.5x"},"classes":[]},{"id":15758,"url":"https:\/\/www.solarquotes.com.au\/blog\/tony-abbott-renewables-speech-mb0244\/","url_meta":{"origin":3927,"position":4},"title":"Tony Abbott : Solar And Wind &#8220;Intermittent And Unreliable Power&#8221;","author":"Michael Bloch","date":"October 10, 2017","format":false,"excerpt":"In his speech to the Global Warming Policy Foundation in London, Australia's ex-Prime Minister Tony Abbott expressed little love for renewables again - particularly wind and solar power. The Global Warming Policy Foundation is an organisation that claims to be open-minded on the \"contested\" science of global warming. The Foundation\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":"Tony Abbott - Global Warming Policy Foundation","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/10\/abbott-speech-renewables.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/10\/abbott-speech-renewables.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/10\/abbott-speech-renewables.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/10\/abbott-speech-renewables.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":30445,"url":"https:\/\/www.solarquotes.com.au\/blog\/election-solar-power-mb1060\/","url_meta":{"origin":3927,"position":5},"title":"Post-Election : What Now For Solar Power In Australia?","author":"Michael Bloch","date":"May 20, 2019","format":false,"excerpt":"With Scott Morrison to continue at Australia's helm, what now for solar energy? Is Australia's popular solar rebate again threatened? While the post-mortem of Labor's loss will be debated for some time, e.g. the \" Adani factor\" in Queensland, the reality is Prime Minister Morrison, ScoMo, Scooter - however you\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":"PM Scott Morrison - solar panels","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/05\/morrison-solar-power.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/05\/morrison-solar-power.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/05\/morrison-solar-power.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/05\/morrison-solar-power.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/05\/morrison-solar-power.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/3927","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/comments?post=3927"}],"version-history":[{"count":12,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/3927\/revisions"}],"predecessor-version":[{"id":4353,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/3927\/revisions\/4353"}],"wp:attachment":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media?parent=3927"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/categories?post=3927"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/tags?post=3927"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}