Labor will conduct a review to determine a fair price for families who export the solar power they produce at home into the electricity grid. So that families receive certainty about the rebate they receive for electricity generated by solar panels on their roof.
In 2012 Campbell Newman promised to continue the 44 cent feed-in tariff for solar power generated by rood-top solar panels. After the election he cut it to 8 cents before abolishing it completely.
This review will be led by the independent Queensland Productivity Commission, which will be established by Labor, with input and advice from the independent Queensland Competition Authority.
The terms of reference for this review will require that a fair price for solar must not have an unreasonable impact on network costs for non-solar users. The fair price for solar will be determined based on an assessment of public and consumer benefits, rather than on the requirements of large power companies.
Labor wants to encourage the use of renewable energy to help families reduce electricity bills and consume clean energy.
We aspire to have one million solar rooftops in Queensland by 2020. Labor will support this by ensuring that families get a fair price for the solar energy they export back to the grid.