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POLICY • Vol. 29 No. 4 • Summer 2013–2014
Commission has indicated that it sees problems
with the current network pricing arrangements
applying to solar PV customers, and the Standing
Council on Energy and Resources has submitted
a proposal suggesting changes to network pricing.
Prompt changes are necessary to curb further
rises in electricity bills caused by a costly boom in
subsidised solar power.
1 See IPART (Independent Pricing and Regulatory
Tribunal of New South Wales), Review of Regulated
Retail Prices for Electricity---From 1 July 2013 to 30
June 2016, Electricity: Final Report (Sydney: IPART,
June 2013), Figure 2.1, 18.
2 See Australian Energy Regulator, State of the Energy
Market 2010 (15 December 2010), 19.
3 Tim Nelson and Paul Simshauser, ‘Te Energy Market
Death Spiral—Rethinking Customer Hardship,’ AGL
Applied Economic and Policy Research, Working Paper
No. 31 (June 2012).
4 Tim Nelson, Paul Simshauser, and Simon Kelley,
'Australian Residential Solar Feed-in Tariffs: Industry
Stimulus or Regressive Form of Taxation?' Economic and
Policy Research 41:2 (North Sydney, NSW: AGL Energy
Ltd, September 2011).
5 For some history about the Small-scale Renewable
Energy Scheme (SRES), see Clean Energy Regulator:
Renewable Energy Target, ‘Small-scale Renewable
Energy Scheme (SRES)’; see Climate Change
Authority, Renewable Energy Target Review, Final Report
(Government of Australia, December 2012), Chapter 5.
6 See Trade in Green, Small Generation Unit STC
7 Solar Choice, ‘Solar PV Price Index—September 2013,’
8 See Wayne Swan (Deputy Prime Minister and Treasurer)
with Penny Wong (Minister for Climate Change) and
Peter Garrett (Minister for the Environment, Heritage
and the Arts), ‘Building Australia's Low Pollution
Future with Renewable Energy and New Solar Credits,’
joint media release (Canberra: 17 December 2008).
9 See ESAA (Energy Supply Association of Australia), ‘Energy
& You: Feed-in Tarifs,’ website.
10 See NSW Trade and Investment, ‘Solar Bonus Scheme,’
11 For example, retailer EnergyAustralia currently offers
a discounted electricity tarif ranging between 25.4-29c/
kWh (depending on usage) throughout most of Sydney.
See the 'EnergyAustralia,’ website.
12 See IPART (Independent Pricing and Regulatory Tribunal
of New South Wales), Solar feed-in tari s--- e subsidy-free
value of electricity from small-scale solar PV units from 1 July
2013, Energy: Final Report (2013).
13 See Government of Victoria, ‘Energy and Earth Resources:
Victorian Feed-In Tarif Schemes’ (Department of State
Development, Business and Innovation).
14 See Government of South Australia, ‘Solar Feed-in Scheme.'
15 See Government of Queensland, ‘How the Solar Bonus
Scheme Works’ (Department of Energy and Water Supply).
16 See, for example, Platinum Asset Management, The
Platinum Trust Quarterly Report (30 June 2012), 18.
17 For various years, see IPART (Independent Pricing and
Regulatory Tribunal of New South Wales), ‘Reviews:
18 See Government of Queensland, ‘Solar Bonus Scheme:
Current Eligibility for the Scheme’ (Department of
Energy and Water Supply).
19 See Government of Victoria, ‘Energy and Earth Resources:
Victorian Feed-In Tarif Schemes,’ as above.
20 See Government of South Australia, ‘Solar Feed-in
Scheme.’ As of 1 October 2013, the SA FiT has been reduced
to 9.8c/kWh. Te SA regulator has made a draft decision
to reduce this further to 7.6c/kWh in 2014.
21 Based on prevailing STC multiplier applied to 31 STCs
plus STC of 1 applied to 10 STCs. Assumed August
STC prices of $40 in 2009 and 2010, $20 in 2011, $27
in 2012, and $37 in 2013.
22 For prices up to and including 2012, see Australian
PV Association, PV in Australia 2012 (June 2013),
Table 13, p. 27, available for a fee. For 2013 price,
august-2013/. e 2013 price is grossed up for an STC
subsidy of approximately $1,500 and then 10% is
subtracted for GST.
23 AEMO (Australian Energy Market Operator), Rooftop PV
Information Paper 2012 (20 June 2012), iii, 11, 12.
24 Clean Energy Council, Clean Energy Australia, Report
25 Australian PV Association, PV in Australia 2012
(June 2013), Table 13, p. 27.
26 See Australian PV Association, PV in Australia 2011
(May 2012), tables 12 and 13, p. 27.
27 Marchmont Hill Consulting, Energy Storage in Australia,
Commercial Opportunities, Barriers and Policy Options,
Clean Energy Council, Version 1 (2 November 2012).
28 Based on the installed PV prices from Australian PV
Association, PV in Australia 2012 (June 2013), Table 13,
p. 27, weighted by installed PV fgures of 83 MW in 2009,
381 MW in 2010, 872 MW in 2011, and 933 MW in
2012 from Clean Energy Council, Clean Energy Australia,
Report 2012, 49.
29 Clean Energy Council, Consumer Guide to Buying Household
Solar Panels (Photovoltaic Panels), Volume 14 (26 August
30 Australian PV Association, PV in Australia 2012
(June 2013), Table 13, p. 27.
31 Clean Energy Council, Consumer Guide to Buying
Household Solar Panels (Photovoltaic Panels), as above.
32 Clean Energy Council, Clean Energy Australia,
Report 2012, 49.
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