CBD 0.00% 1.1¢ cbd energy limited

western australian solar on the way up

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    http://abc.com.au/news/stories/2010/12/06/3085943.htm?site=news

    Details are sketchy but it appears WA is to increase its solar Feed In Tariff scheme despite some criticism that the 40MW of residential PV installed in 2010 is in danger of unbalancing the grid.

    I favour keeping the nett FIT at 40c but greatly increasing the compensation being paid to suppliers to purchase the PV output (currently $25M, lets increase that to $40M now to keep the installations going in but not produce a NSW style bubble).
 
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