Why 2011 is the Year to Invest in Solar Technology

Copyright (c) 2010 Nadine Davishomeowners an upfront subsidy of around $1,200. In
Even if you recycle, ride your bike in lieu of driving aother words, investing in - and using - solar panel and
car and do other Earth-friendly things, you're probablyother products will be more affordable than ever.
eager to do even more. Thanks to recent changesSince they will reduce energy bills, they are doubly
to Australia's Renewable Energy Target plan, it'scost effective. Those home owners that have been
easier than ever to implement solar technology inputting thought behind the purchase of a solar panel
your home. Learn more about this below.system or solar hot water system may choose to
How Solar Energy Comes into Play:wait until the changes come into reality on the 1st of
Beginning on 1 January 2011, the Renewable EnergyJanuary next year (2011).
Target is going to include two parts. The SRES (SmallHelp the Planet and Save Money:
Scale Renewable Energy Scheme), is to incorporateThe goal of the revised Renewable Energy Target
smaller scaled tech such as solar hot water systemsplan is for 20% of Australia's energy in 2010 to come
and solar power panels. It will provide $40 perfrom renewable sources. Thanks to the new
megawatt to homeowners who install these types ofchanges, this goal looks to be more attainable than
products. Investing in solar power products will comeever. Its clear to see that these revised items
with great incentives for homeowners, thanks to thisimprove the plan, and it's definitely good news for
change.households who are a little short on cash but would
Under the new SRES scheme, a household thatlike to do their bit to assist in making this big goal an
installs a 1.5 kilowatt solar panel system in the yearactuality. If you're one of them, 2011 is going to be a
2011 will receive an estimated $6,200 upfront subsidy.prime year for finally investing in this eco-friendly
The typical solar hot water system will garnertechnology.