All households will be able to get half-price solar panels after the Federal Government abandoned its unpopular decision to means-test its solar rebate.
| Electricity companies will fund the rebate in return for higher credits from the Government under its Renewable Energy Target (RET) scheme. |
The Government will scrap the means test, meaning all Australian homes will qualify for a rebate worth up to $7500.
The new rules mean any household can install a good-sized solar system and be as little as $7500 out of pocket.
When this year's budget restricted the solar rebate to households earning less than $100,000, critics said it was a step backwards as climate change worsened.
In a surprise backflip today, Environment Minister Peter Garrett announced the test would go.
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