Peak solar bodies: NSW electricity prices to increase

The Australian Solar Energy Society (AuSES) and Solar Energy Industries Association (SEIA) believe that households employing solar energy systems to generate electricity will pay more than necessary due to the New South Wales government postponing key decisions on their energy initiatives.

According to a NSW government report released today, a review of the solar industry won't be completed until April 2012.

Consumers awaiting revised feed-in tariff arrangements will be left in limbo and could potentially be paying more than necessary until the scheme resets its rates in April.

AuSES chief executive John Grimes believes that the delay will have a negative impact on the industry as a whole.

Grimes says: "The solar industry again calls on the NSW government to act now to set a fair price for solar, ensuring families get paid the same amount for the clean energy they produce as they have to pay for polluting power from the electricity grid. That’s only fair."

The news highlights the need for all consumers to be aware of the options available to them when it comes to their household and business electricity suppliers to ensure they are getting the best deal.