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Source:
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Australsun
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Author:
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Casey Mitcham
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Date
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20/08/2009
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After years of hard work by many in the renewable energy industry, the Senate has today approved the Renewable Energy Target Legislation. This will ensure that 20 percent of Australia's electricity comes from renewable sources by 2020.
Australsun sales and marketing manager Peter Walmsley said "It is refreshing to see that our political leaders can come together at this critical time to pass what we believe to be one of the most significant pieces of climate change legislation".
"Upon announcement of the approval of this legislation the renewable energy industry breathed a collective sigh of relief for the many jobs that have been at stake through the last few months of relative uncertainly," he said.
"The renewable energy industry can now move forward with confidence, knowing that the Australian government will commit its support for years to come, with an agreed renewable energy target that we can all work towards."
As suggested by the Minster for Climate Change and Water, Penny Wong, in ten years time the amount of electricity coming from sources like solar, wind and geothermal will be around the same as all of Australia's current household electricity use.
Australsun sales and marketing manager Peter Walmsley said "At the end of the day it is the wider community which benefits most from this landmark legislation with solar and other renewable energy sources becoming more accessible and affordable with initiatives such as the Solar Credits Scheme likely to come into force soon"
"The Solar Credits Scheme is a Federal Government rebate based on the amount of Renewable Energy Credits (REC's) generated by a solar power system. Given current market values for REC's, this rebate represents a saving of between $4000 and $6000," he said.
Australsun sales and marketing manager Peter Walmsley said "When I completed my Environmental Science Degree in the early 90's solar power in Australia was in its infancy with much rhetoric as to its value but limited firm government commitment to fosters its widespread adoption"
"We are now starting to see solar panels on many roofs throughout the country and into the future we hope to see solar power systems very much becoming the norm, as society embraces this legislation and recognises the important role that renewable energy plays ensuring our sustainable futures" he said.