SunCity Hot Water: Riding the Solar Hot Water Wave in Australia's Energy Revolution
As energy costs continue to surge for Australian households and businesses, there's a quiet yet significant player emerging in the renewable energy landscape – solar hot water. Green Energy Markets reports that solar hot water installations have reached record highs, driven by the relentless increase in energy expenses. In May alone, when rooftop solar systems installations saw a 30% boost under the federal incentive program, a remarkable 15,564 solar hot water (SHW) systems were registered. This marks the highest monthly level ever recorded for SHW systems under the Small-scale Renewable Energy Scheme (SRES), exceeding its prior 12-month average by an astonishing 48%. The surge in installations led to the creation of 387,000 small-scale technology certificates (STCs), a significant milestone that represents the highest monthly STC creation under the SRES, a staggering 136% above the prior 12-month monthly average. Why the Solar Hot Water Boom? The epicentre of this solar hot wat...