Solar panels: $2 billion worth of middle-class welfare

Caption: Get off our lawns and pay our power bills, man!

Australian households are being shafted to the tune of $2 billion to fund the green virtue-signalling of middle-class troughers. Every year, Australians are forking out $200 each so that wealthy Baby Boomers can cut their own power bills and envelope themselves in an insufferable green cloud of smug. Quote:

Households will pay nearly $2 billion for rooftop solar installation subsidies this year, costing every home nearly $200 and threatening to derail Scott Morrison?s pledge to cut power bills.

The cost of the federal Small-scale Renewable Energy Scheme (SRES) and state-based rebates combined is forecast to rise by 45 per cent from $1.2bn last year to $1.74bn this year.

Consumers are flocking to solar power, enticed by cheaper costs and rebates either under way or pledged in Victoria, South Australia and NSW. End of quote.

Well, a certain class of consumer. Analysis by the Australian Bureau of Statistics shows that household solar panel ownership is clustered among older, wealthier Australians. The highest ownership was among households worth between nearly one to three million dollars. Net wealth rather than income is the strongest indicator: in other words, well-funded retirees.

The money-grab by silver-greens is only getting more and more expensive. Quote:

Demand Manager owner Jeffery Bye said: ?If left unchecked, electricity consumers will be hit with an increase of between $360 million and $540m in the cost of the SRES starting January 1, 2019. Far from subsidies for ?renewable energy decreasing and Mr (Angus) Taylor being the ?minister for getting electricity prices down?, it would appear the solar subsidy cost item on electricity bills will be increasing markedly in 2019.?

?However, analysis of the cost of small-scale technology certificates, which are handed to consumers installing solar panels and then bought back by electricity ?retailers, shows a soaring cost for all power users. Origin Energy ?revealed last year that the government?s SRES and state-based solar feed-in tariffs accounted for up to 15 per cent of bill charges?

The Australian Competition & Consumer Commission savaged the subsidy last year in its blueprint to reset the national electricity market, arguing that government support for household solar had been well-?intended but misguided. Solar schemes were too generous, unfairly disadvantaged lower-income households and had failed to adjust to the changing economics of household solar, it said. End of quote.

theaustralian


Every step of the way, the climate change scam is driven by ?wealth redistribution?. If it?s not mendicant third-world shitholes trying to guilt developed nations out of their hard-earned, it?s smug, ageing hippies scrabbling for more handouts.

This trougherism, driven by looney green ideology has to stop.

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