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5 January 2010
The Government notes that the Liberal Party has today made a new policy announcement in relation to the insulation rebate and domestic solar systems.
This policy announcement was made by Liberal frontbencher, Bronwyn Bishop, who this morning told 2GB Radio that a Liberal Government would "absolutely" abolish the insulation rebate and introduce an uncapped domestic solar panel rebate.
CALLER: Would it not have been more beneficial, and would your government do this if in power, to direct funding such as that towards the…more meaningful subsidies on the installation of solar energy, for solar power, for domestic purposes?
BISHOP: Absolutely. Not only was that - that exactly was our policy when we were in government. We introduced that policy of a subsidy for installation of solar panels and we said that it would be uncapped.
The Government looks forward to the announcement of the full details of this new Liberal Party policy, including:
The Rudd Government is on track to fund more than 120,000 solar systems through the Solar Homes and Communities Plan, compared to just 10,500 rebates funded over the entire period of the previous Government. We are continuing to support the installation of solar systems through the Solar Credits scheme.
To date, the Home Insulation Program has seen more than 900,000 houses around the country install ceiling insulation, potentially saving them each up to 40 per cent on their heating and cooling costs. Along with solar hot water, insulation is one of the most effective household energy efficiency measures.
The Government will be responding to this new Liberal Party policy in full once the important missing details have been released.