Time runs out for solar scheme

The Solar Bonus Scheme ends on December 31 and the Independent Pricing and Regulatory Tribunal is working on a report outlining residents' alternatives.

The Solar Bonus Scheme ends on December 31 and the Independent Pricing and Regulatory Tribunal is working on a report outlining residents' alternatives.

With the end of a scheme designed to increase the uptake of solar energy on December 31, a government agency is researching the other options.

The Solar Bonus Scheme rewarded those with solar panels by paying them for the energy they returned to the grid.

That benefit ends on December 31, after which time users will have to enter the retail market.

The Independent Pricing and Regulatory Tribunal (IPART) is researching their options ahead of writing a report for the NSW government in November.

“Our report will provide information to assist solar customers to understand and make informed decisions when the Solar Bonus Scheme ends,” said IPART chair Dr Peter Boxall.

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