How to destroy the solar industry — lesson from the Socialist republic of Victoria

Showing their mastery of business, the Victorian Government is helping the local Solar industry to death. To prop up the failing, uneconomic but “fashionable” industry the Andrews government decreed that they will throw an extra $2,225 at homes earning less than $180,000 that want to install solar. (This is on top of the Federal subsidies). Because free money is always popular, they decided to limit this to 3,333 rebates per month but now it’s a stop-start monthly bloodbath out there.

The applications for this months allocation went online on the first of August and were all gone in 106 minutes. Some people had waited all month but their internet connections were too slow, and according to them “the orange wheel of death” kept spinning, but no magic money appeared. Now they have to wait another month. Who’s going to install solar now, if you might get two thousand dollars off it by waiting a few weeks?

It’s all utterly predictable, but killing small solar installers. For some, not one of their customers scored a rebate. So they’re saying they have no work for the next month now, no more will come in, and no way to pay their staff.