The ACT Government has apparently ignored the advice of the Independent Competition and Regulatory Commission (ICRC) to lower the rate for its PV G FIT, which is currently the best in Australia.
The ICRC tried to convince the ACT Government to wind back the premium rate for household generators from 45.7 cents to 39 cents per kilowatt hour.
But, according to and ABC press report just out, the Government says it will keep the current rate to provide certainty and stability for the renewable energy industry and consumers.
What remains to be seen is how they decide to price the 30-200kW program but this bodes well for a healthy rebate at mini commercial scale.
Three cheers for the ACT Government!
The post Hot news! – No change to ACT G FIT appeared first on Solar Business Services.
