Government urged to incentive households through CIS

Rooftop solar panels on homes with tiled roofs (potential)
Image: Shutterstock

Rewiring Australia has urged the federal government to incentivise households to generate and use more solar to wean themselves off fossil fuels as part of its Capacity Investment Scheme (CIS).

“Household electrification is the fastest, cheapest way to accelerate progress to emission reduction targets. It relies on existing, off-the-shelf technology such as rooftop solar, batteries, electric vehicles, and hot water heat pumps meaning it can be swiftly deployed,” Rewiring Australia executive director Dan Cass said.

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“As an illustration of the potential, once the nation’s cars are fully electric they will be able to store and supply four times more energy than Snowy Hydro 2.0.

“This significant expansion of the Capacity Investment Scheme will accelerate the transition to cleaner, cheaper renewable energy and help Australia hit its 2030 emissions target. This is a strong step in the right direction.”

Rewiring Australia wants to see the Capacity Investment Scheme extended to include consumer energy resources such as rooftop solar, batteries, electric vehicles, and hot water heat pumps.

“Australia cannot deliver credible emissions reductions without doubling-down on its love for rooftop solar and investing heavily in household electrification,” Cass said.

“The reason the National Electricity Market (NEM) has such barriers and risks for clean energy is that the system was designed around coal. If the federal and state governments want to reduce cost and delay further then they should continue to write new rules for the NEM that sort out transmission and pricing risks for large scale projects and level the playing field for all distributed energy installed as Australian consumers electrify their households.

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“Rewiring Australia was pleased to see that when the Australian and NSW governments announced NSW-specific projects under the Capacity Investment Scheme this week it included demand response as well as battery storage. Demand response from factories, businesses, consumer batteries and EVs can provide the cheapest and most efficient capacity because it uses existing energy consuming machines to balance demand and supply in the grid.”

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