Wyatt hints at end to solar subsidies

WA Energy Minister Ben Wyatt has hinted there will no longer be subsidies for rooftop solar panels and wants a focus on battery storage options instead.

The West Australian government is considering scrapping rooftop solar panel subsidies in favour of supporting increased use of battery storage following a recommendation by the Australian Competition and Consumer Commission.

Energy Minister Ben Wyatt is investigating how the state government can phase-out subsidies for the rooftop panels, telling The West Australian on Tuesday they were no longer needed.

Mr Wyatt said batteries would reduce energy prices while providing security using existing infrastructure.

"While the cost of solar PV systems has reduced significantly since the introduction of the Renewable Energy Target and is now considered economically viable in the absence of government subsidy, the implications of such a change need to be fully thought through, including the impact on the local solar industry," Mr Wyatt said.


Share
1 min read

Published

Source: AAP


Share this with family and friends


Get SBS News daily and direct to your Inbox

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Download our apps
SBS News
SBS Audio
SBS On Demand

Listen to our podcasts
An overview of the day's top stories from SBS News
Interviews and feature reports from SBS News
Your daily ten minute finance and business news wrap with SBS Finance Editor Ricardo Gonçalves.
A daily five minute news wrap for English learners and people with disability
Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS
SBS World News

SBS World News

Take a global view with Australia's most comprehensive world news service
Watch the latest news videos from Australia and across the world