The Australian Photovoltaic Association has also formally recognized the value of leasing/vendor finance; the referred figure in the
"Small scale technology certificates data modelling for 2012-2014. Report toe hte Office of the Renewable Energy Regulator" by Green Energy Markets"
says that small commercial firms on standard rates will be paying less for PV than their grid rates possibly now, certainly by the end of the year. With current PV systems being installed for $1.60 to $2.40 (compared to $3 in the study cited) the commercial sector would benefit from PV now.
The Australian PV Association, “Modelling of PV and Electricity Prices in the Australian Commercial Sector”, 2011
"Levelised Cost of Electricity calculations performed by the Australian PV Association demonstrate that the cost of an investment in solar energy is fast approaching current business tariffs, and if electricity price rises are factored in solar is an attractive offer. Therefore a reasonable solar proposition can be already be made for businesses, so long as all production can be consumed on site. The immediately available commercial market opportunity for the solar energy industry thus consists of businesses with non-contestable electricity tariffs that own the building(s) they occupy and that have money to spend on PV. The PV industry will be able to expand this niche market by provision of finance and through engagement with commercial landlords."
GOE Price at posting:
5.5¢ Sentiment: Hold Disclosure: Held
