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DWS Investors

Labor announces plan for 500,000 households to get rooftop solar

Written by Laura Chung / The Sydney Morning Herald / 9 February 2019

NSW Labor has announced it will support a program to help 500,000 households to install rooftop solar, reducing electricity bills in the next 10 years.

Under Labor’s Solar Homes policy, owner-occupied households in NSW with a combined income of $180,000 or less would be eligible for a rebate, to be capped at $2200 per household.

Shadow Minister for Energy and Climate Change, Adam Searle, said the policy could add solar to an additional million homes over the next decade, and could save the average household anywhere between $600 and $1000 a year on electricity bills.

“This is a bold program to push NSW to the front of the energy revolution,” he said. “This will significantly cut electricity bills and carbon emissions.”

“We will have much more to say about energy and tackling climate change.”

The program would be phased in during the 2019-2020 financial year.

The policy announcement comes ahead of the launch of Labor’s campaign bus, which will travel around the state from Sunday.

The Smart Energy Council said Labor’s policy addressed two of NSW residents’ main concerns: the cost of living and climate change.

It shows “a strong commitment towards climate change” and is a “sign of confidence in renewable energy, a critical part of NSW’s future,” a spokesman said.

The council said it would like to see a stronger commitment from both the NSW Government and the Opposition to supporting families’ purchases of household solar batteries, which would provide people “with a greater sense of control of power and how they use power.”

In a statement, deputy leader of NSW Liberals Dominic Perrottet said Labor “cannot be trusted” to deliver more affordable, reliable and clean energy, “with a history of energy cost blowouts and blunders”.

The NSW Coalition government “is getting on with the job of taking pressure off electricity prices, while maintaining energy security,” Mr Perrottet said.

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