The NSW independent pricing regulator has today suggested to electricity retailers that they slash the amount paid for rooftop solar energy by up to 25 percent because of the imminent repeal of the carbon price, according to Greens NSW MP John Kaye.
Dr Kaye said: "The solar industry is about to become a victim of both IPART's methodology that undervalues electricity from rooftop panels and the Abbott government's repeal of the carbon price.
"Despite the environmental and economic benefits of clean energy generated close to the load, solar installers have struggled with hostile policies from both levels of government for more than three years.
"Now they face yet another hurdle as potential customers see the already meagre benchmark tariffs cut by between 17 and 25.8 percent.
"IPART has refused to price solar power at anything like the retail tariff.