Solar is creating jobs and slashing bills

Posted 28th July 2014 by Dennis

Research just released shows that the Australian solar industry is growing quickly and pushing down electricity prices. The Australia institute today released findings that solar is both creating jobs and pushing down electricity prices. These findings are in stark contrast to the propoganda that Abbott and the encumbent Electricity generators have pushed in the media - that renewable energy puts upward pressure on energy prices.

“The solar PV industry in Australia now employs more than 13,000 people, far more than the number of people employed by coal fired power stations.” The success of solar PV in creating jobs, energy, and lower electricity prices has driven the existing energy industry to seek protection from renewable energy through regulatory means.

“Despite the efforts of the Abbott Government and the fossil fuel industry the Australian energy market is undergoing rapid structural change,” which according to Denniss is primarily being driven by technological change, consumer preferences and rapid shifts in relative energy prices.

“Ten years ago gas fired electricity was seen as a ‘transition fuel’ which would smooth the shift from coal fired power to renewables. “The rapid decline in the cost of renewable energy, combined with the expectation that the wholesale price of gas will double or treble when gas export facilities are completed, has fundamentally changed the underlying economics of the Australian energy system,” said Denniss.

Share this post

2020 must-read solar tips!

  • are solar panels worth it?
  • how to maximise your solar rebate!
  • what price should you pay for solar in 2020?
  • avoiding common solar mistakes!
  • solar brands you can trust
  • how to find great solar installers

Looking for quotes?

If you’re considering installing solar power on your home, we have done the due diligence and worked hard to find the CEC Accredited solar companies who will go above and beyond for you. Their reputations are built on years of providing extraordinary service to our past customers, and you can rest assured that your solar investment is in safe hands. To get the ball rolling, please enter your details below or give our friendly team a call on 1300 660 848, and we will arrange your obligation-free solar quotes today!

Company
Resources

Acknowledgement of CountryYour Solar Quotes acknowledge the Turrbal people, the traditional custodians of the land on which we work, and pay our respects to the First Nations people. We support and encourage people to read the First Nation people's Uluru Statement from the Heart.

© TotalQuote 2014 - 2020