A majority Labor Government will
set aside $20 million to fund loans of up to $15,000 for people to buy
batteries and solar for their homes.
Labor Leader Rebecca White said
the policy would fix the Liberal’s failures on feed-in tariffs and help solar
owners keep the value of their investment.
“Solar owners have been badly
let down by the Liberals and have seen the value of their investment crumble
after the feed-In tariffs were cut,” Ms White said.
“The controversial new ‘solar
tax’ proposed by the Australian Energy Market Commission will further hit
the value of feed-in tariffs with people set to be charged for exporting
solar power to the grid.
“Due to changes in the
national electricity market it is now impossible to simply reinstate the
previous tariff rates and the only solution is battery storage.
“Battery storage is the
equivalent of receiving a feed-in tariff equal to the retail rate charged by
“Labor will make interest-free
loans available to households and businesses up to the value of $15,000 for the
installation of battery storage or solar installation.”
Ms White said the loans would be
over ten years, interest free for the first three years and then low interest
for the remaining seven.
“Tasmanians need to feel secure
in their solar investment and under the Liberals this has not been the case.
“This funding will help ensure
Tasmanians see return on their solar investment which is both beneficial to
them and the environment.
“While Labor works to push down power prices, Peter Gutwein and the Liberals will carve up and privatise the Hydro.
“Only Labor is working for Tasmanians to create a better and fairer state.”
Rebecca White MP