with this implementation, i would say a lot of us will be paying the 1% levy (so-called FiT contribution fund) so that those who invested in RE system will be able to get rebate from FiT (whether it's biomass, biogas, solar). below is part of the extract from national renewable energy policy and action plan that i gathered from the launch yesterday:
"the regulatory framework would be the primary vehicle for the introduction of the feed-in-tariff (FiT) mechanism which will act as a catalyst for the progressive entry of RE power generation businesses and other related aspects of RE development.
it is envisaged that with the reduced environmental pollution coming from increased RE usage, the society at large benefits. this would mean that society must play its part by contributing towards RE development through a fund to be used to pay for the RE power. payment of this contribution, which can be embedded into the electricity tariff structure, must be made to a specific RE Fund and not become part of the receipts by government (as such receipts must be paid into the Consolidated Fund)."
This post has been edited by venven81: Nov 23 2011, 11:22 AM
Solar Power Generation, for home use/sell back to tnb
Nov 23 2011, 11:21 AM
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