I'm thinking about buying solar panels for my house.
Only thing is I'm not sure whether to wait.
I've been told that the value of solar power in Australia has remained largely the same - this is because as the cost of solar panels have fallen, the subsidies have been removed.
However, I'm now just wondering, what kind of subsidies are there still for solar panels? Can someone explain them? Are the government chipping in for the panels or something?
Because in Australia, you now only get 7.5 cents per kWH back to the grid whereas you buy electricity from the grid at like 25.9 cents / kWH. If anything, it seems a little unfair - it's the same energy, why is my clean energy only worth 25% of energy generated from coal?
So yeah, I guess the question is does Australia still have solar panel subsidies? If not, given that solar panel prices are getting progressively cheaper, would I be better off just waiting till the prices drop before buying?