Rates for the hugely popular feed in tariff program in New South Wales, the Solar Bonus Scheme, have been scaled back dramatically for new connections under the program.
According to a release from the Premier of New South Wales, Kristina Keneally, due to the unexpected rate of subscription in the first 10 months of the Solar Bonus Scheme, the Government today announced a major revamp that see the immediate close of the current program at midnight to new connections, and the introduction of a new program with a rate of 20 cents/kWh paid to system owners.
It's all going bye bye............ for new connections only , but im sure it will attack exsisting as soon as they get their chance
More info here
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