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Australia: Setbacks in Residential Solar Water Heater Market

Submitted by Baerbel Epp on February 27, 2013

The residential solar thermal market in Australia has experienced two setbacks over the last 12 months. The first one was the sudden and unexpected stop of the federal Renewable Energy Bonus Scheme in February 2012, which was planned to run until June 2012. The second setback followed at the end of 2012 when it became clear that the proposed countrywide ban of electric water heater sales had no effect on the two major states Queensland and New South Wales. Both things together will most likely result again in a shrinking market volume in the residential solar water heater market in Australia this year. The photos show residential installations by Victoria-based solar specialist Solarlord.
Source: www.solarlord.com.au

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