Australian subsidies for solar hot-water cut

March 1, 2012
Facebook
Twitter
LinkedIn
Reddit
Email

The Australian Secretary for Climate Change, Mark Dreyfus, announced on Tuesday that solar hot-water rebates would no longer apply under the Renewable Energy Bonus Scheme. The Clean Energy Council and various industry representatives expressed disbelief and surprise at this decision.

However, Dreyfus countered that the previous administration had always planned for the scheme to end this year; his government had seen no reason to change this. He said the AUD$320 million program would have suffered cost overruns if it had been allowed to continue.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

The rebate offered up to AUD$1,000 to households that have installed a solar hot-water system. This scheme was supposed to act as a prelude to the introduction of a carbon tax to aid the government in achieving its planned 2012-13 budget surplus.

Notwithstanding, the Clean Energy Council’s acting chief executive Kane Thornton said this could put more than 1,200 manufacturing jobs and 6,000 installation jobs at risk. The clean-energy sector argues that subsidies are needed to drive technological advancement that will make low-emissions technologies commercially viable.

The Australian states some within the industry see this as a short-term solution to counter “last-minute scrambles” as seen in Germany and the UK.
 

Read Next

December 3, 2025
The Asian Development Bank has approved a US$650 million loan to accelerate rooftop solar PV deployment in India.
December 3, 2025
German research institute Fraunhofer ISE has launched a project to explore how medium-voltage technology can make material-intensive solar components more efficient and cost-effective.
December 3, 2025
Terra-Gen has closed financing for its 205MW Lockhart III & IV solar PV project in San Bernadino County, California.
December 3, 2025
Buyers should prepare for increases in the price of vital solar module components, such as polysilicon, wafers and cells, but “remain cautious” of accepting new contractual terms from Chinese suppliers until formal market policies are agreed.
December 3, 2025
The US Department of Energy (DOE) has renamed the National Renewable Energy Laboratory (NREL) the National Laboratory of the Rockies.
December 3, 2025
The Australian Renewable Energy Agency (ARENA) has announced up to AU$151 million (US$98 million) in conditional funding for Sunman Energy to establish a 500MW per annum solar module manufacturing facility in the Hunter Valley, New South Wales (NSW).

Upcoming Events

Upcoming Webinars
December 4, 2025
2pm GMT / 3pm CET
Upcoming Webinars
December 17, 2025
2pm GMT / 3pm CET
Solar Media Events
February 3, 2026
London, UK
Solar Media Events
March 24, 2026
Dallas, Texas
Solar Media Events
April 15, 2026
Milan, Italy