The recent ACCC report recommended the winding up of the SRES by 2021, however this recommendation is only one of a suite of options to lower prices.
Labor understands that more renewable energy isn’t just the best way to cut our carbon pollution, it is crucial to lowering power bills.
Even the ACCC found that those who accessed solar energy through the SRES scheme had an average saving of $538 per year on their power bills.
This is just the latest piece of evidence that shows the SRES is an important tool to assist people to access solar panels and decrease their electricity bills.
Labor is interested in more ways we can help people access the benefits of solar power and increasingly batteries, not at ways to lower solar uptake.
Labor remains committed to a 50% renewable energy target by 2030.
The choice is clear: Labor for renewables and lower prices, Turnbull for more coal and higher prices.