For more than 120 years, homes and businesses have been buying electricity. Now rooftop solar is changing the way hundreds of thousands of homeowners get energy.
UBS says payback time for combined EV plus solar plus battery storage will be as low as 6 years by 2020 – unsubsidised. This means centralised fossil fuel generation will become “dinosaurs” – inflexible and irrelevant, even as back-up. “Large scale power stations could be on a path to extinction”.
Prepaid Solar says time right to tap one of Australia’s largest solar markets – the estimated 1.8 million vacant rooftops of the residential rental market.
Tony Abbott’s renewed attacked on the renewable energy industry might be bad news for wind and large scale solar, but it could spark another ‘solar-coaster’ as households and small businesses rush to install rooftop PV systems before the remaining incentives are closed.