Saturday, August 18, 2012
Australia gets gold medal for solar stupidity !
Australia has the dubious honor of installing the most solar panels in the world last year because of government policies making the poor pay the electricity bills of the better-off. Those with solar panels are paid over ten times the wholesale electricity price and this is recouped from renters and pensioners among others. The figures in future will not be as rosy as both Queensland and NSW have cut rebates savagely and the last year's installation numbers reflect the last minute rush to beat the deadlines.