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NSW unveils ‘world first’ scheme to shift electricity demand, expects saving of $1.2 billion by 2040
I'm not really following this claim that this is a "world first." Yes, it is an important investment on behalf of the government to incentivize residential adoption of renewable energy technology, but plenty of governments offer financial incentives to encourage technologies such as solar adoption. What would be a "world first" is if 70% of the residents in this 8-million person state bought in to this program. Now THAT would significantly alter New South Whales' power landscape.
NSW unveils ‘world first’ scheme to shift electricity demand, expects saving of $1.2 billion by 2040
New South Wales households and businesses will soon be incentivized to install technologies and appliances which can operate outside peak demand times as part of a scheme the state government’s claims could save consumers $1.2 billion on electricity billion in electricity bills by 2040.
Source: www.pv-magazine-australia.com
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