CONSUMERS could be slugged with up to $1.5 billion in extra electricity costs next year as the high Australian dollar and a flood of cheap solar panels from China sabotage the Gillard government's push to take the heat out of its renewable energy scheme.
Installers of solar photovoltaic panels developed increasingly sophisticated marketing schemes for cheap rooftop models, and consumers rushed to install the panels before generous federal subsidies were wound back on July 1, causing an unprecedented spike in installations early this year. Read More
The Australian
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