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| Feed-in Tariff Announced in WA Budget |
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| 20 May 2010 |
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The Premier and Treasurer, Hon Colin Barnett, has announced in today’s budget speech a commitment to a Feed in Tariff for Western Australia. From the Treasurer’s speech:
“announce that funding of $23 million has been provided to introduce a residential net feed-in tariff scheme from 1 August 2010. This will encourage more homeowners to install grid-connected renewable energy systems, including new and existing photovoltaic, wind and water systems and to sell surplus electricity back into the grid. This honours an election commitment to introduce a feed-in tariff to provide a genuine incentive for homeowners to install renewable energy systems.”
From p. 589 of the 2010–11 BUDGET Statement, a comment:
“Funding was provided in 2009-10 to design and develop a subsidised premium net feed-in tariff scheme for micro-generation. This scheme will commence on 1 July 2010 for residential premises. The merits of extending it to small and medium sized businesses are still being evaluated. The premium net feed-in tariff will be paid through Government-owned electricity retailers, Synergy and Horizon Power. Details of the scheme will be made available prior to 1 July 2010. “
Note the date above contradicts the date given in the Treasurer’s speech – the date of 1 August 2010 in the Treasurer’s speech should be regarded as the correct date.
From p. 597 of the 2010–11 BUDGET Statement:
Sustainable Energy
“An allocation of $2.6 million has been made for expenditure on wind-diesel systems situated outside of the SWIS. “
Also in terms of infrastructure, the following from p. 598 of the 2010–11 BUDGET Statement:
Transmission
“A total of $840.8 million has been allocated to transmission works over the budget period. Customer-driven works is forecast at $99.5 million with $741.3 million for new capacity, asset replacement, public safety work and other regulatory compliance programs.
The customer-driven transmission works includes connecting generators, supply to new bulk loads, system upgrades and augmentations. Partial funding of these works is provided by customer capital contributions. These works include the connection of the Binningup desalination plant and the Collgar windfarm located near Merredin. “
From p. 562 of the 2010–11 BUDGET Statement:
Asset Investment Program
“The Stirling City Centre project is an urban regeneration initiative that will deliver an integrated city centre around the Stirling train station and the Innaloo retail precinct. $5.5 million of State funding has been allocated for detailed studies in order to facilitate investment through a consortium of private sector and government investment.”
Further details will be provided as they come to hand.
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