The Nature Conservation Council of NSW, in partnership with Australian solar company Ingenero, presents the Launch of the North Sydney Solar Challenge on Wed 2nd June.
The North Sydney Solar Challenge invites North Shore residents to play their part in reducing greenhouse gas emissions by installing solar panels on their roof and generating clean, green energy. We want 1000 households to sign up for the Challenge and show that North Shore residents can lead the way on achieving a brighter energy future for Sydney.
Residents can now buy a solar power system for no up-front cost. The Federal government’s solar credits (RECs) subsidise the overall cost of the system, while the NSW gross feed-in tariff helps pay it off. The current gross feed-in tariff of 60 cents per kilowatt hour means households can sell all their power production into the grid, offsetting their electricity bill or even making money.
“Powering your home with clean energy from the sun will dramatically reduce the need for power from polluting sources such as coal and helps tackle climate change,” said Su Fei Tan, project officer for the Nature Conservation Council.
“Solar panels on your roof will generate clean energy every day and lower your household’s carbon footprint by up to three tonnes every year. Not only will you be helping the environment, but you’ll be offsetting rising electricity bills set to increase by up to 36 per cent over the next three years.”
“We are proud to be teaming up with the Nature Conservation Council on this initiative,” said Steve McRae, CEO of Ingenero. “We are removing the major barrier for householders to go solar – the up front cost. Now every householder can take advantage of clean renewable energy from the sun, knowing it is a wise and cost effective investment.”
Solar Challenge participants will receive a discount of $300 on a high quality solar power system with 10 year plain English warranty. Most households can have a solar system installed today for $0 up front and let their solar income pay off the system with monthly credits that are higher than their solar repayments.