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

April 15, 2026
Iberdrola is set to acquire a 42MW solar PV plant in Lazio, Italy, taking its total installed renewable capacity in the country to 400MW.
April 15, 2026
Virginia governor Abigail Spanberger has signed four bills into law that will add 625MW of new community solar capacity by 2028.
Premium
April 15, 2026
Italy’s solar sector is an attractive investment space, and much of this is owed to the supportive auction systems managed by the government.
April 15, 2026
Rumours of a closed-door meeting in China to discuss polysilicon production cuts sent the share prices of several leading players higher before they were widely denied.
April 15, 2026
European renewables developers need to embrace volatility and change in the face of ongoing global shifts, according to speakers at the SolarPLUS Europe conference in Milan, Italy this morning.
April 15, 2026
Jupiter International and Ampin Energy Transition have commissioned a 1.3GW integrated solar cell and module manufacturing facility in Bhubaneswar, Odisha.

Upcoming Events

Solar Media Events
April 15, 2026
Milan, Italy
Solar Media Events
June 16, 2026
Napa, USA
Solar Media Events
October 13, 2026
San Francisco Bay Area, USA
Solar Media Events
November 3, 2026
Málaga, Spain
Solar Media Events
November 24, 2026
Warsaw, Poland