Although electricity prices are forecast to increase significantly between now and 2024, this will have a limited impact on rooftop solar payback periods as strong global demand will put continuous upwards pressure on solar pricing and increasing solar in the grid will push down feed-in-tariffs. In the best case, consumers might be able to expect that payback periods will stay the same or reduce slightly. Keep in mind, solar panel manufacturers continue to warn that demand in the US and Europe will see prices increase in Australia.
Mick Fell
General Manager, Q Cells Australia