Down Under Incentives for Individuals and businesses

Issue 63 - December 2009 Systems
From Energy Matters

Greetings everyone and welcome to all our new subscribers!

Business tax incentives run out soon!

Do you have a business or know of someone who does?

Small businesses can benefit hugely from the Small Business and General Business Tax Break when they install solar power systems, but time is running out!

The incentive allows an additional tax deduction of 50 per cent of the cost (after Solar Credits rebates) of a solar power system purchased up until 31 December 2009. Small businesses will be also able to depreciate 100% of the cost of the system over the life of the system!

When you add to that existing rebates and feed in tariffs, there's never been a better time for a business to make the switch to solar power.

However, taking into account the upcoming Christmas break, this means there is less than 3 weeks left to take advantage of this initiative! Learn more about tax and other solar business incentives here.

NSW solar bonus scheme - it's official!

Legislation for the New South Wales Solar Bonus Scheme has been passed! New South Wales residents, small business and community groups will be paid a whopping 60 cents per kilowatt hour for all the electricity a system produces starting January 1, 2010. The feed in tariff is in addition to existing rebates.

According to information provided by the NSW Government, a standard 1.5kW solar power system would generate around $1500 return each year through the Solar Bonus Scheme!

The New South Wales solar gold rush has started - so if you're a resident of NSW and are interested in installing a solar power system; use our instant online quoting tool today. Beat the rush and maximise your returns!

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Renewable energy news

Solar Power Boom In New South Wales
While the New South Wales Solar Bonus Scheme doesn't kick off until January 1 next year; home solar power providers are already seeing a sharp increase in orders for systems.

The Silicon Air Battery
Most of us would be more familiar with silicon being used for computer chips and solar panels - now the substance looks set to become a vital component in the next generation of batteries.

Insulation Name And Shame - Solar Next?
Now that a formal "name and shame" list has been established for Australia's insulation industry, is it time for the government to implement a similar list for another sector seeing its fair share of shonky operators - solar power?

Solar Bonus Scheme Legislation Passed
It's happy days for solar power supporters in New South Wales. Legislation for a gross solar feed in tariff has been passed, making the NSW Solar Bonus Scheme one of the most generous feed in tariffs in the nation.

100% Renewable Energy By 2030?
Is it physically and economically possible to run the entire world, including transportation, off renewable energy by 2030?

Solar Sails And Space Travel
The Planetary Society recently announced its new LightSail project, a program to sail a spacecraft on sunlight alone by the end of 2010.

Solar Farm For Western Australia
Expressions of interest are being requested for the construction of a 50MW - 150MW solar farm in Western Australia.