The right way to value solar

by


Helen Morrow

Australian households have installed over 1,000 megawatts of small-scale solar power modules, and more will be installed as prices continue to fall. With the market established and growing, it is important to resolve confusion about the value of solar power.

Valuing solar appropriately for its direct and known benefits will mean that energy sector players and consumers face the right incentives. There will also be economically efficient investment and fewer cross-subsidies in electricity prices; and solar power will be deployed when it offers the best option for low-emissions electricity.