Cost Effective and Sustainable?: Photovoltaic (PV) Rebate Program in Australia

Author

Ge, Janet Xin ; Ding, Grace K C

Author_Institution

Sch. of the Built Environ., Univ. of Technol., Sydney, Sydney, NSW, Australia

fYear

2009

fDate

20-22 Sept. 2009

Firstpage

1

Lastpage

4

Abstract

The Australian government has recently announced a renewable energy target (RET) scheme to provide up front payments of $8,000 for around 25,250 households of income less than $100,000 per year installing a 150 watt solar panel system starting on 01 July 2009 using $202 million taxpayers´ money. The scheme has not included households´ with incomes greater than $100,000, nor developers who produce new houses. Whether the policies are effective and sustainable is arguable. This paper examines policies designed to encourage households to install solar panel system in Australia and demonstrates reasons for supporting developers to build green houses using net present value (NPV) analysis in a case study. The findings suggest that the government should support installation of solar systems by both households and the developers.

Keywords

energy conservation; government policies; photovoltaic power systems; solar cells; solar power; photovoltaic rebate program; renewable energy target; solar panel system; Australia; Costs; Global warming; Government; Insulation; Photovoltaic systems; Renewable energy resources; Solar power generation; Solar system; Water conservation;

fLanguage

English

Publisher

ieee

Conference_Titel

Management and Service Science, 2009. MASS '09. International Conference on

Conference_Location

Wuhan

Print_ISBN

978-1-4244-4638-4

Electronic_ISBN

978-1-4244-4639-1

Type

conf

DOI

10.1109/ICMSS.2009.5301987

Filename

5301987