Thursday, 17 May 2012
VICTORIANS URGED TO HAVE THEIR SAY ON FEED-IN TARIFFS
Energy and Resources Minister Michael O’Brien and Treasurer Kim Wells have welcomed the release of a draft report from the Victorian Competition and Efficiency Commission (VCEC) into distributed electricity generation.
Mr O’Brien said the Coalition committed before the election to ask VCEC to review feed in-tariff arrangements and barriers to distributed generation.
“This inquiry is important and we look forward to the community providing further comment ahead of the commission’s final report in July,” Mr O’Brien said.
Mr Wells said VCEC was asked to assess the design, efficiency and effectiveness of feed-in tariff schemes in Victoria.
“The Victorian Coalition Government believes Victorians should be provided with a fair reward for feeding renewable and low emissions energy into the grid,” Mr Wells said.
VCEC will now seek additional information and comment on the draft report Power from the People: Inquiry into distributed generation.
Mr O'Brien encouraged Victorians with an interest in electricity generation and distribution to make a submission to the Commission.
The draft report seeks feedback on recommendations including:
• the gradual phase-out of existing feed-in tariffs for distributed generation;
• the establishment of fair and reasonable price for energy supplied by distributed generators through the
retail electricity market; and
• the removal of barriers in the market which prevent distributed generators receiving a fair market-driven
price on their energy.
Mr Wells said VCEC had not recommended retrospective changes, which meant existing customers would not be affected by any changes resulting from the review.
VCEC is due to deliver a final report to government by 13 July 2012.