Solar Power Essential to Sustain Growing Population

Earlier this month our worldwide population just landed on the 7 billion mark according to the Human Development Report of 2011. A report also released by the United Nations earlier this year also revealed that with the current inflation rate our population may hit above 9 billion halfway through the century.

The rapid population growth poses serious potential problems like scarcity of basic necessities that include food, potable water, shelter and energy supply.

Australia is no exemption to the rapid population growth reaching over 22 million in 2009 and is expected to skyrocket even further before the year 2011 closes. Primarily Australia’s population growth is due the high numbers of immigration and higher birth rate than mortality, which suggest a good economic and health status. However, this fact poses a problem in the energy sector. The increase in energy demands is one of the primary reasons of the energy price hikes and with the federal government aiming to achieve carbon neutrality in the future a sustainable energy source that can keep up with the rising demand is necessary.

The country has made great strides to promote and commercialise the use of solar power in Australia and other renewable energy sources. The programs of the government is notable worldwide as one of the most comprehensive of its kind providing not only financial assistance but also behavioral change opportunities to improve home and business energy efficiency. Australia has also engaged large scale renewable energy projects through the Solar Dawn and Moree solar farm projects which will soon commence as part of the country’s Solar Flagship Programs that will uplift solar power in Queensland and NSW. Numerous utility solar power farms and wind farms have also been constructed throughout the country to support virtual power stations in the private sector.

Moreover, the federal government of Australia is providing green retrofit assistance to visible institutions like bus stations, parks, universities and schools to impart to the community the importance of early climate change action and the benefits they can reap from renewable energy.

The massive campaign launched by the federal government will soon drive sustainability in the country and transform Australia’s energy sector strengthening it and delivering energy security to every Aussies.

United Nations Development Program has promoted the use of renewable energy sources to drive sustainability in every nation in response to the fact that the world is now facing an energy crisis with around 20% of its population living without electricity.

Building Queensland’s Virtual Solar Power Station

When Queensland started a full blown campaign on solar power in April of 2010 the state only has 250 MW of installed solar capacity and aimed to double it within 5 years, but with the help of Queenslanders and generous government support the target was achieved in less than a year and a half proving solar energy’s viability and Queenslanders growing love for it.

Town by town and city by city, Queenslanders are helping build Queensland’s virtual solar power station and the good news is - you can too! Through the state’s solar bonuses and schemes you can work hand in hand with the government whilst reaping the rewards of generating your own electricity. Every installed solar power system in Queensland, be it for home use, business, schools, community groups or government projects takes the state a step closer in meeting its ultimate goal of sustainability.

More than 100,000 Queenslanders have installed are now enjoying the benefits of either solar hot water systems or solar panels in Queensland and figures continue to rise day by day. By installing solar you'll be saving yourself money by reducing your electricity bill, whilst also protecting the environment.

What YOU can get

Installing solar hot water systems can reduce your energy bills by up to $250 annually and as much as $450 on a typical 1.5 KW solar PV system simply by importing less electricity from the grid – and savings can increase by several folds through the state’s generous feed in tariff scheme. On average either of the system can help sequester 2 tonnes of carbon every year which by will come by the millions if every Queensland will take their part and work together.

Today, solar power systems have become cheaper by as much as 50% compared to average prices 3 years ago thanks to technological advances and by applying for both the federal and local government’s solar bonuses and schemes thousands of dollars can still be slashed off the price tag given that you will be guided by the implemented eligibility criteria.

You are not alone

The Queensland government is also contributing in building virtual solar power station. Currently the state has the following projects that are directed towards public benefit and educational gain.

·         Solar Schools

·         Windorah Solar Farm

·         Virtual Solar Power Station

·         Townsville Solar City

·         Solar at the University of Queensland

·         Queensland's Solar Atlas

·         Solar Flagships

·         Solar Metricon Stadium

·         Solar at Queensland Rail

·         Kogan Creek Solar Project

·         Solar for Hervey Bay

Cloncurry Solar Farm

Research and Development of Solar Technology Continues at University of Melbourne

Researchers from University of Melbourne, in collaboration with Monash University and several major industry partners, have launched a $7.2 million project that will further develop our current solar cell technology. The researchers aim to produce more efficient and cost effective solar cells, with particular focus on the manufacturing process and emissions involved.

Producing solar cells which can produce zero-emissions electricity will provide new manufacturing opportunities for local industries, and it is expected that the new technology will provide better commercialisation and increase the competitiveness of production processes across the country and worldwide.

The federal government of Australia will grant the research $1.7 million under the Australian Solar Institute, which is in addition to the $1.7 million grant already given by the Victorian state government.  The government funding is a part of the Clean Energy Future Package which is devoted to the support of existing renewable energy sources, and especially towards further research and development.

According to Resource and Energy Minister Martin Ferguson, the project aims to develop solar cells from organic materials and so eliminating any environmental impacts that traditional solar panels have. Another goal is to developing printing machines for newly discovered minute solar cells capable of mass production at very low cost.

The Minister said that the collaboration of researchers and industries will aid in the commercialisation of the technology and help unlock its variety of potentials. "Australia is a leader in solar energy research and projects such as this will help Australia remain at the forefront of this rapidly growing industry.”

The ongoing research and development into solar power applications provided by the University of Melbourne has already made a positive impact on the solar industry, which is being embraced by local residents and businesses.

Solar energy in Melbourne is becoming very popular and with new solar power developments happening regularly we can see a future where it will not be seen as an alternative source of energy, but rather the main source. Research like that occurring at the University of Melbourne together with the additional funding provided by the new tax on carbon will contribute greatly to Australia achieving our goals for carbon emission reductions by 2020 and 2050 especially as the local and international price of solar panels plunges it is not surprising to hear talk about the country reaching grid parity faster than anticipated. From 2008 to 2010 solar module prices have decreased by 50%.

Off Grid Solar Power a Bright Idea

 Making the switch to solar power allows you to connect to the state grid via the feed in tariff scheme which also pays you for any surplus electricity fed back to the grid. However, this luxury isn’t always available for people living in remote locations, typically farmers, but this does not mean that offsetting your carbon through solar power solutions is impossible.

Going off grid has become a popular solar power solution for farmers and households who live in remote locations. Off grid solar PV systems basically works like a normal system that you see in an urban setting the only difference is the use of a storage unit which normally is a lithium-ion battery pack. Off grid solutions often are bigger in size to ensure continued supply of electricity throughout the day and store enough power for the evening.

Bigger system size means bigger investments but is absolutely worthwhile since you never have to pay electric companies again and fully offset your carbon emissions turning your home into an absolute green hub. Like grid connect PVs, off grid solar PV systems offer quick return of investments and profit for a long period of time.

Another reason to make the switch to solar power is the New Solar Credits Incentives implemented by the federal government of Australia since June of 2010 which provides generous financial incentives to eligible applicants in replacement of the former Renewable Remote Power Generation Program (RRPGP).

The scheme will work by creating Renewable Energy Certificates (RECs) to households or businesses that are not under the Renewable Remote Power Generation Program (RRPGP), are located more than 1 kilometre from the state’s main grid and has proof that the system costs more than $30,000. The RECs will be created for the first 20 KW of the system which will be multiplied to the current solar credits factor (today is the factor of 3). If a system is less than 20 kW the RECs can still be multiplied for the rated power output up to 20 kW.

The scheme will be implemented until July 1 2015 however the scheme will have variable annual caps for the RECs financial year which are as follows. 1 July 2011 to 30 June 2012 250,000 RECs, 1 July 2012 to 30 June 2013 250,000 RECs, 1 July 2013 to 30 June 2014 150,000 RECs and 1 July 2014 to 30 June 2015 100,000 RECs.

At full capacity the incentive can subsidise tens of thousands of dollars of the system cost making off grid solar power solutions cheaper and available for almost everybody who wishes to eliminate their electric bills and help mitigate greenhouse gases.

Queensland’s New Solar Atlas provides In Depth Data for Solar Investments

Another historic day for Queensland as Energy Minister Stephen Robertson unveiled the state’s new “Solar Atlas”. The new resource is designed to provide companies with an in depth look into Queensland’s solar data to allow them to identify the best possible location for any new solar power project.

The Solar Atlas has been derived from the data collected from the monitoring stations at Roma, Cloncurry and Charters Towers over a 365 day period, together with feed from a satellite that monitors the solar radiation from these regions. Data showed that the North West, Far North and Central West areas have the most abundant solar radiation in the state, and so are the likely best locations for a solar project.

Companies and institutions interested in solar power projects can use the Solar Atlas to estimate the annual frequency, intensity and even KWh output every day in a specified region in the state on 5KM radius. The map can also be used to tell what kind of solar technology best suits the specified location for optimum output and quicker return of investment.

It is expected that the map will help revolutionise large and medium scale solar power projects in the future and assist solar engineers to develop better means of harnessing the state’s rich solar resources and putting it into practical use.

Households and small businesses can also benefit from the Solar Atlas as it provides them with a rundown of how a typical solar PV system or solar hot water system would work in their location and an estimate in energy bill reduction.

Energy Minister Stephen Robertson said that the Atlas will help Queensland achieve its renewable energy goals and will be an important aid in effectively addressing climate change.

The Solar Atlas is part of the state government’s ongoing commitment to improve and develop solar power technology and boost private investments in solar power in Queensland. This will create more solar related jobs, stabilise the industry, and help to incorporate renewable energy sources into all aspect of the community, reduce greenhouse emissions and increase Queensland’s solar capacity.

The Solar Atlas will also be helpful in mapping the state’s rich solar resources especially with the implementation of the carbon tax on July 2012 and the establishment of the Clean Finance Corporation nearing. The Atlas will serve as the blueprint of the Queensland’s future solar power investments while the CEFC as the avenue of budget. 

Record Shattering Clean Energy Investment

Despite the economic crisis and recession last year, global renewable energy investment saw a record breaking high with trillions of dollars in investment and  the United States retaking the number 1 position from China with over $55 billion in total expenditure.

Particularly, solar power has the highest increase in all renewable energy sources with investments reaching $136.6 billion a 36% surge from 2010 records. Bloomberg New Energy Finance chief executive Michael Liebreich said that the sudden peak in investment is primarily because of the price of solar panels which fell by almost 50% during 2011 and today is 75% lower compared to price range 3 years ago excluding government subsidies.

The continued plunge of solarPV prices made solar technology more competitive and more viable than other renewable energy sources resulting to a giant leap in investment not only in the United States but across the globe including countries that did not displayed interest in clean energy before.

2011 was also a prosperous year for renewable energy in Australia with investments reaching $4.7 billion topping 2010 levels, an increase of 11% in total, mostly derived from rooftop solar panels and other solar power systems. Bloomberg New Energy Finance's lead clean energy analyst in Australia Kobad Bhavnagr said that despite the introduction of the carbon price didn’t turned out quite well for now, clean energy investment continues to increase and on the road to reach $6.5 billion within a year and over $45 billion by the end of the decade fulfilling Australia’s renewable energy target.

Climate Change Minister Greg Combet said the government's clean energy package was meant to ensure Australia ''does not miss out on the benefits of clean energy investments'' and the scheme will come to time and will act as the catalyst for more renewable energy investment both residential and commercial.

European countries also set records last year beating their previous high on clean energy investment for a total leap of 3% from 2010 level with Germany and Italy leading on solar installations for both large scale projects and decentralised installations.

Other countries like China, India and Brazil also performed well in last year, With China ranking at number with a minute increase of 1% but still a hefty investment reaching $47 billion, India leading their part of the globe with a remarkable 52% increase totaling over $10 billion and Brazil with a decent 15% increase to $8.2 billion.

Melbourne’s Green Initiatives

It is no wonder that Melbourne was awarded as the most liveable city in the world, the city aims to holistically cater to every need of its citizens. Parts of Melbourne’s credentials are comprehensive initiatives towards greener energy production and usage.

The city council aims to achieve zero net emissions by 2020 by reducing carbon emissions from its own operation. Figures showed that by 2010 the council has reduced over 30% of its greenhouse emissions proving the reality of the 2020 goal.

The Melbourne’ city council primarily offsets carbon emissions by relying heavily on green power sources such solar power in public lighting and operated buildings of the council which has successful reduced nearly 50% of carbon in the said operations.

It was also a historic day when the Council House 2 became fully operational and achieved a 6 green star, the highest possible rating from the Green Building Council of Australia. The CH2 building was able to reduce significant amounts of carbon compared to other buildings in its league, the CH2 building offered building engineers and business owners innovative designs and energy efficient units that will reduce their environmental impacts significantly and enjoy enormous energy bill savings.

Part from being a role model and a perfect example of sustainability, the local government of Melbourne also has implemented some of the most comprehensive programs in the country in hopes of commercialising renewable energy sources and encouraging more people to make the switch.

Melbourne aims to reshape energy generation in the city by building power stations in every roof through solar panels in Melbourne properties. Generous rebates and grants await interested parties and an opportunity to participate in supportive programs such as Melbourne’s Eco-City campaign.

Apart from energy generation, the city has started working on developing the transport sector, which is the second biggest polluting sector in the country. The city plans to encourage the use bicycles and public transportations to remove people from individual vehicles therefore making significant cuts to transport emissions. The city and the state of Victoria have also started introducing hybrid vehicles to improve petrol mileage and reduce trips to petrol stations.

The city has also been working in better waste management systems and water conservation which all accounts in the very favourable living conditions in the city.

Melbourne’s efforts will soon payoff and there is a large possibility that Melbourne will not only be Australia’s most sustainable city but in the entire world.

Australia’s Pathway to Renewables by Beyond Zero Emission

Last January 19^th 2012 at the Memorial Hal lMaple St, Cooroy in Sunshine Coast, Beyond Zero Emission group presented to the public an in depth research of Australia’s pathway to 100% renewable energy. The group’s research is fairly known to the energy sector and has received awards for its diverse contents and accurate implications.

Beyond Zero Emission is a nonprofit organisation composed of well known researchers and engineers who committed themselves, their time and resources to devise a plan on how to replace traditional energy generation with renewable energy. In partnership with the University of Melbourne Energy Institute and some of the country’s finest researchers the group’s research won the 2010 Mercedes-Benz award for Environmental Research and founder Matthew Wright, was named the 2010 Young Environmentalist.

Beyond Zero Emission’s flagship research is a detailed framework of Australia energy sector without fossil fuels and even coal seam gas. The group analyzed current technologies available in the market, trends and price projections before constructing a blueprint of renewable energy integration. Beyond Zero Emission believes that timely and effective action can minimise if not eliminate the effects of climate change, full details of the research will presented during the event and the public is being invited to come and be informed.

The group’s presentation is indeed timely and much needed especially with the carbon tax months from implementation. The research will show the attending public the unprecedented effects of climate change and the potential of renewable energy sources in solving it. The event will also have a positive impact on local clean energy trade maximising awareness and capitalising on available resources in Sunshine Coast.

Already Sunshine Coast is blessed with almost untapped renewable energy particularly solarpower; the event can boost installations of rooftop solar panels in Sunshine Coast decreasing fossil fuel dependence and carbon emission.

The group also tackled the economic benefits of renewable energy and its potential of securing jobs and building a green economy.

Australia will soon be transitioning to a low carbon economy especially with the federal government government’s Clean Energy Future Package looming around the corner. It is just rightful for the public to be informed now and start acting on arresting climate change and still learn how to benefit from it.

ARENA One Step Closer to Legislation

The Australian Renewable Energy Agency is one step to legislation as the lower house passes the body and will soon be reviewed in the senate which currently is the comfort zone of the Clean Energy Future Package. Like the carbon tax the legislation of the ARENA is almost certain as soon as it gets through the lower house and only formality is what’s left to do.

If the ARENA passes through the senate it will be established simultaneously with the implementation of the carbon on July 1, 2012 and will have a substantial seed of $3.2 billion for the development of renewable energy technologies in the country. Nearly half of the body’s budget has already been committed for the further research and development needed in existing technologies while the rest of the body’s seed is yet to be planned for.

The ARENA’s billion dollar support for renewable energy will bring milestones to RE technologies putting Australia in the renewable energy map and is expected to bring genuine grid parity on a national scale. Apart from providing generous financial support the ARENA will also act as a unity point to several clean energy bodies such as the Australian Centre for Renewable Energy and the Australia Solar institute bringing them under the same roof for better guidance and collaborative opportunities.

The legislation of the ARENA marks the second phase of the Clean Energy Future Plan and soon the $10 billion Clean Energy Finance Corporation will follow. Both bodies will act as catalyst for carbon mitigation and behavioral change towards environmental preservation in almost every aspect of the community tagging along sustainability and a low carbon economy.

Businesses, households and lessees will highly benefit from the bodies opening doors for better energy efficient opportunities shielding them from the rising energy bills and any indirect effects of carbon tax. The boosted renewable energy sector will also pave way to a new breed of work forces, green power jobs is likely to increase through the years becoming one of the stable sector in the country as more solar power and other clean energy investments are made.

Adelaide GREEN Assistance Programs Still Available

Last year the city of Adelaide made great progress in greening the city, through various assistance programs and numerous government projects across the city. The opening of 2012 will still be healthy for solar power and other green retrofits as programs and grants are still up and running and are expected to encourage more residents to green their properties since the carbon tax is due a few months from now.

Currently there are five ways major ways to go GREEN in Adelaide covering the entirety of the community.

1.       Solar power rebates – The somehow flag carrier of the city’s green campaign is still available this 2012 reimbursing up to $1,000 for installing solar panels in Adelaide properties (minimum 1KW peak) and up to $5000 for Adelaide based apartments (common use). A maximum of $1000 can also be reimbursed by installing solar hot water systems and no more than $500 for residential rainwater tanks.

2.       Special offers – Business and residential participants of the Adelaide Solar City Program will be able to take advantage of special discounts on accredited solar power systems and receive freebies such as free smart meters, free energy audits and energy efficiency pack which includes a power saving power board and shower timer.

3.       Free home energy audit kit – Residents can borrow a free home energy audit kit from the council library to determine your energy usage and average carbon emissions that will assist you in using energy wisely and more efficiently.

4.       Green transportation – Adelaide is home to the world first solar-powered electric bus, Tindo which charges its battery pack from 100% solar energy in the city’s central bus station. Tindo is under the connector bus service of the city at no cost to you that aims to introduce to the riding public the benefits and viability of solar power.

5.       CitySwitch green office – the program is a partnership between Adelaide and other city council across the country that aims to reduce up to 50% of carbon emission from the business sector simply by modifying behavior. Businesses signing up to CitySwitch as a signatory commit to achieve and maintain an accredited 4 stars or higher NABERS (National Australian Built Environment Rating System).

The continued pipeline of programs will help Adelaide fulfill its renewable energy action plan of 2008 – 2012 and reduce significant amount of carbon. With the city’s efforts at full scale it will be no surprise if Adelaide is listed in Australia greenest city in the future.

Deploying Solar Power in Adelaide

Adelaide has high proportions of sunlight which remained untapped until the implementation of various programs that commercialised solar power in the city. Adelaide was driven to exploit its natural energy source because higher peak electricity difficulties and high energy prices.

The city council structured assistive programs, apart from the South Australia and the federal government’s programs, to aid citizens who wish to be free from the burden of high electricity prices through solar power systems. The city will be granting households and businesses generous rebates reaching up to $1,000 for installing solar panels in Adelaide based properties, up to $1,000 to convert an existing or electric gas storage hot water system and up to $500 to purchase and install rainwater tanks.

Adelaide has also collaborated with other city councils devoted in improving energy efficiency and carbon reduction. The CitySwitch Green Office program is an initiative of several city councils across the country aiming to improve energy efficiency in businesses and leased properties. Under the program businesses will have the opportunity to improve green star ratings by modernizing and retrofitting their businesses with simple yet eco-friendly units and systems which can reduce energy consumption and environmental impacts by nearly 50%.

Deploying solar power and energy efficiency in every citizen mean that council must also do their fair share. The council aims to reduce their emissions by 60% in 2012 and achieve carbon neutrality by 2020. A $1.3 million budget per annum for 3 years was allotted for this project, including solar and low-emission energy generation, 50% renewable energy purchase for all facilities and energy efficient lighting and air-conditioning which is estimated to save 22,000 tonnes equivalent to the annual emissions of 2,750 households.

But apparently one program that placed Adelaide in Australia’s solar map is the Solar City program. Adelaide is one of seven regions in Australia, specially chosen for testing new approaches in producing and using energy as part of the federal government’s initiatives. Under the program the city will receive $15 million to identify and address specific energy challenges unique to Adelaide households and businesses.

The Adelaide solar city program will also showcase solar power to the public by fitting busy public places with solar photovoltaic systems. Just recently the historic Adelaide market, one of the busiest city districts, now has in place a 50 KW rooftop solar photovoltaic system. The installation consists of 288 solar panels and it is estimated it will reduce the market’s carbon emissions by at least 70 tons each year.

The residents of Adelaide can expect a lot more renewable energy projects including solar panels in the coming years as the city strives to be one of the top green cities in the country alongside with Melbourne, Brisbane, and the Sunshine Coast.

Changing Australia’s Energy Sector

Over the past few years the use of solar power in Australia has exponential grown thanks to the continued government assistance programs, continued research and development that made solar panel cheaper and better, massive awareness campaigns both from the government and private groups.

The application of solar power is expected to further grow by 2012 subsequently with the implementation of the carbon tax package that will drive innovation in industrial and manufacturing processes, the $10 billion Clean Energy Finance Corporation which will aid private sector investments in renewable energy and the Australian Renewable Energy Agency that is dedicated for government projects.

Why transform the country’s energy sector?


The effects of climate change are now surfacing, occurrences of extreme weather are felt across the globe and disruption of climate patters results to an imbalance in the natural life patterns, which includes us. Delaying our actions to address this will result to an economic downfall and food scarcity is inevitable since the agricultural sector will be hit the most.

Globally, energy production produces the bulk of our 38 billion tonnes of carbon emissions and figures will continue to rise if do not start acting.

What is it with solar power?


Currently harnessing the sun’s energy is the most viable clean energy source because of its economic benefits, costs, efficiency ratings and versatile applications.  Technology today has allowed us to produce energy in two general ways, firstly the solar PV systems which use the principle of photovoltaic effect to convert solar radiation to electricity, secondly the solar thermal technology that absorbs the sun’s heat then amplifies it to produce steam that will power generator to produce electricity.

However, for home and small business application solar thermal absorption can also be used to produce hot water for general purposes.

Which is better solar power or wind energy?


Both energy sources are good for the environment and produces clean and renewable energy and both may have intermittent output due to natural causes. However, solar power is more viable because of its decentralisation capabilities able to be scaled for home use to massive solar farms that can power an entire community.

What’s in store for you?


Aside from contributing to the national carbon mitigation efforts, you can also benefit from solar power systems financially. The systems have a guaranteed quick return of investment and a long term profit period. On average it can cut down your energy bills to half and in some instances even eliminate it. RE technologies is also a perfect way to shield your home or business from the rising energy cost.

What the government is doing?


The federal government of Australia has extended numerous programs and campaign to promote and commercialise the use of solar power and other clean energy technologies. Several financial assistance programs in the form of rebates and schemes has been implemented, sustainability programs for individual households and the whole community were commenced and substantial investments in renewable energy has also been made.

This year, the federal government of Australia together with the country’s lawmakers made a very crucial step in mitigating carbon. The legislation of the carbon tax was filled controversies but the Gillard administration is determined that pricing carbon is the key in phasing out greenhouse gases and putting a halt in climate change.

Dramatic Increase in Solar Power Dependence in Australia

Efforts of the federal government of Australia together with state and city government have finally paid off. A recent report released in the South African conference showed that installed solar power systems in Australia have grown 35 folds over the past 12 months.

Currently Australia produces 9.6% of its energy from renewable energy sources equivalent to 29,302 gigawatt hours. The figures mark a significant milestone in achieving the 20% by 2020. The Greens and the Clean Energy Council expressed their support for the RET and stated that it is possible and it will be done in the said date.

The Clean Energy Council said that Australia has now over 1 million homes with solar power systems fitted to it and it is projected that 2012 will be even be a good year for solar power especially with the impending carbon tax that will catalyze renewable energy investment and bring back the confidence of both foreign and local investors to invest in clean energy in the country.

Primarily the Australian solar panels market was boosted by the feed in tariff (FiT) scheme that allowed eligible system owners to connect to the state grid for import and export of electricity with a certain amount paid for every KW of surplus electricity. However before the year 2011 closes majority of feed in tariff scheme by state has closed down or has been cut down significantly, fortunately this does not mean that the solar industry will die along with the FiT scheme. PV prices have fallen significantly paring with coal in certain parts of the country. The low cost, highly efficient solar panels available in the market today will sustain the industry and more installations can be expected as Australian Solar Energy Society chief executive John Grimes stated in an interview that there’s not been a better time to get into solar.

Solar power system owners are now reaping the rewards of their wise investment; clean energy became the safe haven under the continued energy price hikes.

Households and small businesses have become the primary market of the Australian solar industry, schemes and policies are primarily directed to support small private investments in renewables, but today the federal government is bow also looking in utility sized clean energy farms. PPA agreements are now being worked out and a structured policy is said to be tabled soon.

Australia’s success in solar power and other renewable energy source was a story of ups and down, but the administration together with greens and all clean energy enthusiast proved that with determination and the will to protect mother Earth everything will be possible.

Australia has been blessed with the highest solar radiation per square meter than in any parts of the world but is currently lagging behind gloomier European countries in maximising and capitalising on solar power. According to the Clean Energy Council the country’s renewable energy target by 2020 will only be possible if the country will start to capitalise on large scale solar power projects to support home and small scale businesses’ virtual power stations.

The CEC has identified four key elements why Australia should start embracing large scale solar projects…

Natural Solar Resources

A report released by the CEC revealed that Australia’s advantage on the global solar industry would still be its abundance of natural resources. Not only that that the country has the one of the longest sun hours per day Australia also has high solar intensity rating suited for large scale solar PV projects.

Although it has been recorded that solar power is most likely to thrive in countries surrounding the Red Sea area solar panels in Australia still offers great potentials thanks to its close proximity to the equator and sound climate patterns.

Outstanding Researchers and Institutions

Australia is home to some of the best scientist and researchers in the solar field who made history and revolutionised the technology. Since 80’s the country is leading the research on solar panels and up to now institutions like the University of Queensland, University of New South Wales, Australian national University, National Solar Energy Centre and Australian Solar Institute continue to make milestones in improving the technology prioritising economic and environmental benefits.

The federal government of Australia opted to fund more renewable energy research through revenues of the carbon tax to continue developing the technology to cope with the country’s increasing demands.

Australian Market

Even the most revolutionary technology will be put to waste without a projected market, energy intensive industries and sectors in the country will provide the mainstream of solar market which will enable a cycle of demand and supply.

The solar PV industry and market will not only help the country in achieving renewable energy target but also provide opportunities for job growth. Integrating solar power in various sectors will create 10 times more jobs compared to fossil fuels and with an annual increase of 5.7% in solar energy usage (according to the Australian Bureau of Agricultural and Resource Economics) more jobs will soon follow.

Electricity Grids

Both ROAM consulting and Garnaut’s Climate Change report revealed that Australia’s energy price hikes are primarily because of constant upgrades and expensive maintenance for electricity grids accounting to 40% to 50% of a typical household bill increase. Transmission network investment over the current five year regulatory period is forecast at over $7 billion and $32 billion for distribution networks which has dramatically increased since 2006.

By strategically locating large scale solar power projects enormous savings can be achieved through reduced network upgrade and maintenance cost. Technology will also allow massive renewable energy farms to capitalise on what is currently present on electricity grids and no upgrades will be required during integration.

However, these four key elements should still be supported by a clear policy that will guide it throughout the transition to low carbon economy and consistent pipeline of projects are also necessary to make the RET a reality. 

New Victorian Feed in Tariff Opens

The closure of the premium Victorian feed in tariff is not the end for solar PV system owners in the state and surely not a blunder in Victoria’s renewable energy goals. Starting January 1, 2012 eligible system owners can start receiving credits through the state’s transitional feed in tariff.

Replacing the 60 cents premium feed in tariff, the transitional scheme at 25 cents for every kilowatt of surplus electricity fed back to the state grid will be the second most generous tariff in the country next to Queensland and is still slightly higher than the average retail rate consumers pay for electricity. The transitional feed in tariff will have a designated cap of 75 megawatts of installed solar PV in Victoria territory with guaranteed credits up to 2016, which gives plenty of time for consumers and system owners to benefit from the scheme.

• Key eligibility factor for the transitional feed in tariff are as follows:
• Installed solar PV system must not exceed 5 kilowatts in capacity.
• For households -  must be claiming for your principal place of residence
• For small businesses and organizations – must not exceed an annual energy consumption of 100 megawatt hours

·         Claim only one solar PV system per site (if you are a small business or community organisation operating across multiple sites, you can claim for one system per site)

·         have bi-directional metering in place that measures two-way electricity flows and records them on a half hourly basis (smart meters)

For solar PV system owners with a capacity of greater than 5 kilowatts and less than 100 kilowatts, the standard feed in tariff will remain open and will continue to be offered not only for solar power but also for wind, hydro and biomass system owners.

Customers already under the standard feed in tariff will be given an option to either transfer to the transitional scheme or remain in their current feed in tariff scheme for maximum benefit and better service from the local government

The introduction of the new tariff in the opening of 2012 serves as a new hope for solar PV system owners and renewable energy enthusiast, the 75 megawatts cap is expected to be filled as quick as the original 150 megawatts premium cap, it is best to act now if you want to benefit under the scheme and start reducing your energy bills whilst reducing your carbon footprints for future generations.

A Green Opportunity for Melbourne Residents

Despite the recent uncertainty in the Victorian Feed in Tariff, Melbourne residents need not to worry and can still enjoy the benefits of solar power with a new transitional Feed in Tariff scheme early this year and generous rebates by replacing electric powered water heaters to solar hot water systems and installing rooftop solar PV systems.

Under the new tariff households and local businesses can save hundreds of dollars per year on energy bills and reduce at about 2 tonnes of carbon. By installing a solar hot water system you can reduce your water heating cost by up to 75% equivalent to 30% of your total energy bills whilst installing rooftop solarpanels in Melbourne properties can help reduce your total energy bills by almost 40%.

The New Feed in Tariff

The Victorian feed in tariff will be open to Victorian properties on January 1, 2012 with a cap of 75 megawatts across the state.  The new scheme will pay Victorian residents 25 cents for every KW of surplus electricity fed back to the state grid generated by rooftop solar PV panels given that they abide by the guidelines and eligibility factors released by the state.

Although a significant cut was made in the scheme, it is still the second most generous in the country next to Queensland and with the falling prices of solar power systems quick return of investments can still be noted.

Consumers who are under the new feed in tariff and will be under the scheme will receive guaranteed credits up to 2016.

For Solar Hot Water

Installing solar hotwater in Melbourne properties became easier with the rebates program of both the federal and the state government. The federal government will be providing a $1000 rebate for pensioners and low income families and a $600 rebate for the rest of eligible citizens of the country. The rebate will be boosted by the Victorian rebate scheme of $300 - $1500 in Metropolitan Melbourne and $400 - $1,600 in Regional Victoria.

Other Incentives you can take Claim

The Australian government will be issuing Small-scale Technology Certificates to eligible system owners which can be sold to subsidies the upfront cost of solar PV and solar hot water systems at a current average price of $37 each.

Under the VEET (Victorian Energy Efficiency Target) which was introduced on 2009, the state will be creating Energy Efficiency Certificates (Energy Saver Certificates) to promote and assist Victorian residents in making the switch the solar power.

Last year the city of Adelaide made great progress in greening the city, through various assistance programs and numerous government projects across the city. The opening of 2012 will still be healthy for solar power and other green retrofits as programs and grants are still up and running and are expected to encourage more residents to green their properties since the carbon tax is due a few months from now.

Currently there are five ways major ways to go GREEN in Adelaide covering the entirety of the community.

1.       Solar power rebates – The somehow flag carrier of the city’s green campaign is still available this 2012 reimbursing up to $1,000 for installing solar panels in Adelaide properties (minimum 1KW peak) and up to $5000 for Adelaide based apartments (common use). A maximum of $1000 can also be reimbursed by installing solar hot water systems and no more than $500 for residential rainwater tanks.

2.       Special offers – Business and residential participants of the Adelaide Solar City Program will be able to take advantage of special discounts on accredited solar power systems and receive freebies such as free smart meters, free energy audits and energy efficiency pack which includes a power saving power board and shower timer.

3.       Free home energy audit kit – Residents can borrow a free home energy audit kit from the council library to determine your energy usage and average carbon emissions that will assist you in using energy wisely and more efficiently.

4.       Green transportation – Adelaide is home to the world first solar-powered electric bus, Tindo which charges its battery pack from 100% solar energy in the city’s central bus station. Tindo is under the connector bus service of the city at no cost to you that aims to introduce to the riding public the benefits and viability of solar power.

5.       CitySwitch green office – the program is a partnership between Adelaide and other city council across the country that aims to reduce up to 50% of carbon emission from the business sector simply by modifying behavior. Businesses signing up to CitySwitch as a signatory commit to achieve and maintain an accredited 4 stars or higher NABERS (National Australian Built Environment Rating System).

The continued pipeline of programs will help Adelaide fulfill its renewable energy action plan of 2008 – 2012 and reduce significant amount of carbon. With the city’s efforts at full scale it will be no surprise if Adelaide is listed in Australia greenest city in the future.

Why You Will Benefit From the Price on Carbon

Pricing carbon emissions has been shown to  provide the most economical way to reduce a nation’s carbon emissions and addressing the problem now is will cost less than letting it cause more serious damage to both the economy and the environment.

While there is understandable concern amongst some people that this will place a further burden upon their cost of living this will not be the case; as soon as the carbon tax is implemented the government will issue a tax cut program to subsidise any added expenses incurred, and these tax cuts will rise if further offsetting is required.

The carbon tax package will create strong financial motivation for thegeneral public, businessesand especially the top 500 polluters in the country, to find and innovate more effective ways to reduce carbon emissions. This will promote more extensive use of renewable energy sources like wind and solar energy, which are currently the two top contenders in the industry.
As more large scale renewable energy investments are made the cost of the clean energy they produce will reach parity with the cost of coal generated electricity quite quickly, as their costs will fall while traditional energy costs are ever increasing. The less carbon intensive energy we use the less we will pay for our electric bills!

As renewable energy becomes more economically feasible in our country it will encourage large scale international investment into the industry in Australia instead of it going into more established European nations. Clean Energy investments by major worldwide corporations are already in the billions of dollars every year, and this will have a very positive influence on our country’s economic future.

Currently two large scale solar power projects are underway, The Moree solar farm will be largest of its kind utilising solar PV technology; the project is expected to generate 150 MW of clean energy. Construction will take place in the state of New South Wales flanking the town of Moree by 2012 and when completed the solar power farm will be comprised of 650,000 solar panels and will deliver new job opportunities during construction and eventually lift the local economy.

Paired with the Moree solar farm is the solar dawn project which will take footing in Queensland. The 250 MW project is a natural gas hybrid combined with CSP technology. Concentrated solar power (CSP) systems or concentrated solar thermal (CST) systems are systems that use mirrors or lenses to concentrate a large area of sunlight into a small area. Electricity is produced when the concentrated light is converted to heat which drives the steam turbine connected to an electrical power generator.

The carbon tax package will provide the necessary funding to propel our renewable energy industries forward, and is expected to create many“green jobs” in the near future which currently don’t exist.
The carbon tax alone has the ability to create a stable green economy and the economic benefits are expected to far outweigh any drawbacks.So the implementation of the carbon tax is not only for environmental protection and to preserve our quality of life for the future generations, as important as that is.

Sunshine Coast Energy Plans for the Future

The city of the Sunshine Coast in Queensland has expanded and progressed rapidly compared to some other major cities in the country, and of course this population growth of the city is directly proportional to its carbon emissions. The city council is now concerned about how to reduce their carbon footprint and the impact of spiralingelectricity priceswithout compromising the economic potential of the city.

In response to that, the council has launched a transition program to prepare residents and business owners on the Coast for major changes in energy production.

The Sunshine Coast Energy Transition 10 year Plan launched last year is driven by environmental concerns and energy prices, and will also tackle current energy difficulties, and how to nurture new opportunities in the future.

The transition plan will primarily aid the city in:

·         Reducing the dependence on expensive fossil fuel produced electricity.

·         Nurturing work opportunities through clean energy projects.

·         Creating a sustainable future, with environmental issues and quality of life for residents a major consideration.

The city aims to achieve the above goals by implementing the following actions:

·         Extensive support for solar power in SunshineCoast and also other potential renewable energy sources like wind, hydro and new age technologies.

·         Establishment of a biodiesel industry.

·         Energy efficiency measures in all government owned buildings and facilities.

The transition program is a giant leap in the Coast’s “Our Place Our Future” campaign, which aims for a strategic approach in a sustainable and better Sunshine Coast in the future.

The program sets a strong framework for all future projects of the city directed towards clean energy and carbon reduction. The strategic approach will revolutionise all projects and will minimise policy errors and project failures.

There is extensive education and information to be given to the community to ensure widespread acceptance of the transition process and better coping mechanisms for small businesses for all the favorable and unfavorable changes that it might bring.

Sunshine Coast Embraces Solar Power!

The Sunshine Coast Council is to be congratulated for the way it is embracing new technology in renewableenergy sources, and as part of its strong environmental protection policies it has now partnered with several solar companies to install silver cell solar panels on community buildings.

The project was partly funded by the federal government of Australia through the solar home and community program. Currently there are 3 successful installations; the Lake Kawana Community Center, the Caloundra Library, and the Glasshouse Mountains Visitor Information Center. 

Collectively the systems are making huge cuts to the city’s carbon emission and are expected to save 550 tons of carbon dioxide in a span of 25 years; equivalent to taking 15 cars off the road continually for 25 years.

Solar panel systems have improved rapidly in their efficiency of late so that smaller roof space is needed to give a high power output; for e.g. the panels on the Caloundra library can generate over 7000 kilowatts per annum which is enough to power half of its total power needs.

These sunshine coastsolar panel installations are just part of a wide range of initiatives at local, state and federal government levels, which reflectAustralia’s widespread commitment to sustainable practices and renewable energy use.

Numerous programs have also been implemented to promote the use of  Solar panels in Sunshine Coast. The Living Smart Homes Program offers households a well-designed plan for how to reduce your carbon footprint while saving money. The program will provide participants information about environmental protection and their role and responsibility to reduce their own carbon footprint.

The Climate Smart Homes is an extensive state government initiative as part of the Queensland sustainability grant to help solve global warming. The program will provide low cost energy saving products, information and services, and is providing widespread educationthrough its extensive media promotion.

There is also the Greener Living Program, which includes sustainable living resources and information and offers rebates to assist with installing solar panels, solar hot water, LP gas vehicle conversion and more.

Queensland’s Support for Solar Power

The success of renewable energy particularly solar power inQueensland has been a combination of comprehensive government programs and Queenslanders themselves who took the initiative to go green and be a part of carbon sequestration while reaping its financial benefits.

In all of Australia, Queensland ranks among the top tier in solar power use proving that Queenslanders are embracing solar technology and are committed in environmental protection.

The Government’s part

The Queensland government has implemented some of the most successful and comprehensive programs in renewable energy. Queensland’s feed in tariff scheme is currently the most generous and the most stable in the country with no signs of closure, the tariff pays eligible system owners 44 cents for every KW of surplus electricity fed back to the state grid.

Queensland has also implemented solar rebates and bonuses that subsidize the upfront cost of solar PV systems and solar hot water systems through STCs and direct rebate programs.

Furthermore the state has engaged in various solar power projects particularly in busy public places that showcase to the public how solar power in Queensland will benefit the state and the environment.

A number of medium scale solar power projects already commenced in the state and more are expected to follow in a few years. Projects like the solar power schools and the “Do the bright thing” movement played an essential role in behavior modification towards clean energy creating a strong sense of civic awareness and commitment.

Soon, construction will begin in Southwest Queensland for the Solar Dawn project, the largest solar power gas hybrid plant of its kind capable of generating 250 MW which will be an iconic feature of the state’s environmental commitment.

Queenslanders doing their part

Queensland’s solar capacity escalated from 250 MW to 500 MW in just 15 months, 3 years earlier than expected, accounting to 141,000 household who installed solar panels in their roofs and 230,000 solar hot water systems. Currently 8% of Queensland’s energy needs are supplied by these systems and the local government is aiming for a 20% supply in 2020 along with all of Australia.

Due to the rapid renewable energy growth, Queensland leads the country in carbon sequestration saving a total of 15 million tonnes of carbon since 2007 according to report released by the Council of Climate Change.

The GREEN economy

A few years back, there are less than 80 solar power companies in Queensland, but since the industry boomed in 2009 more than 500 companies were established employing thousands excluding employed staff from construction, operations and maintenance from government projects. Queensland is slowly transitioning to a low carbon economy paving way to new job opportunities, partly solving employment problems in the state.

2011 Australian Clean Energy Success

2011 has been both successful and controversial for renewable energy in Australia. Last year countless innovations and breakthroughs took place especially in the solar cell field but success didn’t come easy, the industry was also faced with numerous controversies and drawbacks.

Last year 2 of the most controversial clean energy issues broke out. Firstly most of the Australian state feed in tariff closed down or have cut back significantly that somehow took the life of solar industry secondly, during the last quarter of the year the federal government has successfully passed the carbon tax and now is officially a law. Both issues shook the Australian clean energy sector and the consumers but somehow have managed to survive despite the odds.

But good things surfaced for the sector as well and outweighed negative issues. Australian researchers made history a number of times by discovering, innovating and developing solar cell efficiency and manufacturing process making it cheaper and more viable in fact, solar PV prices continued to plunge last year, reducing solar energy generation cost almost paring with coal in both retail and wholesale market nationally. 2011 solar panels price range is almost half of 2009 PV price making 2011 one of the most prosperous year for the industry despite feed in tariff issues.

Australia embraced solar power last year than any other year; a 35 fold increase in solar powerinstallation has been recorded across Australia increasing the country’s solar power capacity significantly and reducing coal dependence proportionally.

Major solar power projects were also built and established last year, two Australian Solar Flagship programs (The Moree Solar Farm and the Solar Dawn Project) were finalised with the consortium last year and are set begin construction. Local government have also played their part installing solar PV panels and solar hot water systems in public places, schools, universities and integrating it with city councils’ operations reducing carbon emissions and introducing renewable energy to the public.

Giant leaps were also made in policies and government programs, numerous government policy amendments were passed and were given attention last year making it easier and more efficient to integrate solar power and other clean energy technologies across industries. Both the federal government and local governments have intensified subsidiary programs to make solar power more affordable to virtually anybody.

Non government groups and private institutions also played their part in spreading the clean energy virus. Countless conferences and seminars took place in major cities of the country attracting visitors by the thousands addressing timely issues and showcasing to the participants the benefits of clean energy and the difference they can make.

This year, many exciting and helpful programs are set to be implemented that will surely bring more success to Australia’s fight against carbon and bring the country a step closer to its renewable energy target.

Research and Development of Solar Technology Continues at University of Melbourne

Researchers from University of Melbourne, in collaboration with Monash University and several major industry partners, have launched a $7.2 million project that will further develop our current solar cell technology. The researchers aim to produce more efficient and cost effective solar cells, with particular focus on the manufacturing process and emissions involved.

Producing solar cells which can produce zero-emissions electricity will provide new manufacturing opportunities for local industries, and it is expected that the new technology will provide better commercialisation and increase the competitiveness of production processes across the country and worldwide.

The federal government of Australia will grant the research $1.7 million under the Australian Solar Institute, which is in addition to the $1.7 million grant already given by the Victorian state government.  The government funding is a part of the Clean Energy Future Package which is devoted to the support of existing renewable energy sources, and especially towards further research and development.

According to Resource and Energy Minister Martin Ferguson, the project aims to develop solar cells from organic materials and so eliminating any environmental impacts that traditional solar panels have. Another goal is to developing printing machines for newly discovered minute solar cells capable of mass production at very low cost.

The Minister said that the collaboration of researchers and industries will aid in the commercialisation of the technology and help unlock its variety of potentials. "Australia is a leader in solar energy research and projects such as this will help Australia remain at the forefront of this rapidly growing industry.”

The ongoing research and development into solar power applications provided by the University of Melbourne has already made a positive impact on the solar industry, which is being embraced by local residents and businesses.

Solar energy inMelbourne is becoming very popular and with new solar power developments happening regularly we can see a future where it will not be seen as an alternative source of energy, but rather the main source. Research like that occurring at the University of Melbourne together with the additional funding provided by the new tax on carbon will contribute greatly to Australia achieving our goals for carbon emission reductions by 2020 and 2050 especially as the local and international price of solar panels plunges it is not surprising to hear talk about the country reaching grid parity faster than anticipated. From 2008 to 2010 solar module prices have decreased by 50%.

Australia Making Great Strides With Solar Energy

Australia is one of the leading nations to make the switch for solar energy and finally get rid of dirty and polluted fossil fuel combustions. Thanks to the efforts of the government to encourage the use of solar power through rebates and incentives there has been an exponential rise in the number of its citizens & businesses making the switch to renewableenergy. Statistics shows that Australia is one of the countries that have less carbon emission, though we are a progressive nation with a lot of manufacturing & industry.

Australia was blessed in almost every way to triumph in the search for renewable and clean energy. The country’s geographical position and weather conditions made it highly favourable for solar panels whether it is for home or commercial applications. The sun hours are long, wet season and cloudy days are less likely throughout the year, and solar panel system owners can maximize their energy production whole year round. Another physical characteristic that the country has is that the average home space of 200 square meters per home makes decentralisation of energy production viable.

Aside from physical capacities the country also caters to another very important aspect in making any project a success, you guessed it right, funding! The Nation has one of the most comprehensive solar PV rebates and incentives schemes in the world, and though there is news that the solar multiplier will go down from 5 to 4 and will decrease more over the years, the scheme is still favorable and solar is making an excellent economic investment. The feed in tariff scheme in place also makes a very good deal for its citizens to make the switch to solar energy.

There are exciting times ahead in the next 5 years, as Australia is catching up to the world leaders in the large scale production of clean energy through massive solar energy parks, and the looming Carbon Tax provides strong incentive for industry to reduce their carbon emissions….. Every day home owners also have the opportunity to reduce or even eliminate their electric bills and reduce their carbon footprints as well, which is the primary global concern. This large switch to solarenergy is also expected to lift economic growth and provide many new jobs, as well as provide individuals with lesser burden of bills and an opportunity for a new avenue of income via the tariffs.

Queensland Doubled Solar Power Capacity in Just 15 Months

The Queensland government has been surprised by the very enthusiastic response of Queenslanders to solarpower technology. In April of 2010 the state government set a target to increase the state’s solar power capacity by 100% within the next five years, however to their amazement the target hasbeen reached in just 15 months.

The state’s capacity was escalated from 250 MW to 500 MW, which was including 141,000 households who installed solar panels in their roofs and 230,000 solar hot water systems. Currently 8% of Queensland’s energy needs are supplied by these systems, and the government is aiming for a 20% supply in 2020 along with the rest of Australia.

Queensland’s success in the renewable energy target is the largely the result of the government’s continuous and consistent efforts to encourage more and more households to install and embrace solar power in Queensland.

The Qld Premium Feed in Tariff, even with a few recent changes in the eligibility factors, still offers one of the best financial rewards in the country, and provides a strong investment return for households with a mid-size solar panel system who are connected to it.

As well as encouraging households to make the switch to solar energy, the state government has also been very supportive of crucial role to be played by large scale solar applications, andmultiple solar farms and solar power projects are in operation and planning across the state. Thanks to Queensland perfect climatic conditions for high solar output some of the largest renewable energy projects supported by the federal government will be established in Queensland in Chinchilla, Harvey Bay and Cloncurry over the next few years.

Queensland’s Virtual Solar Power Station

Queensland homeowners, together with the local government, are working hand in hand to build the state’s “virtual power station” run by solar power. This year the state has already celebrated a huge success by doubling its solar capacity from 250 MW in April of 2010 to 500 MW by July 2011, which is 3 years earlier than expected.

The Virtual Power Station

By its programs of solar rebates and the generous feed in tariff scheme, the Queensland Government hopes to build a decentralised power station by encouraging more of its residents to install solar panel systems and solar hot water systems in their homes, as well as businesses, community buildings and schools. Their policy is that every installed system is important in adding to the states solar capacity and will ultimately help in achieving the state’s goal.

How Can You Help

All rooftop solarpanels in Queensland will produce ample amount of electricity to power households, businesses and other establishments. This fact will lead to less electricity usage from the grid.

Furthermore if you install a solar PV system today you can also be part of the state’s environmental protection program. Step by step the federal and state government is inching towards carbon neutrality, to reverse the harmful effects of global warming and preserve a better future for the next generation.

What is in Store for You?

Huge financial savings awaits you simply by using less electricity from the grid through solarhot water systems or solar power systems. Even excluding the feed in tariff, scheme solar hot water can an average household around $250 a year and at least $450 savings for  a small solar panel system. And of course if you qualify for the premium FiT scheme currently on offer these figures can increase significantly.

So make sure you apply now while it is still available; all other state programs have closed to new applicants and the Queensland Feed in tariff scheme is the most successful and most generous in the country. More than 100,000 Queenslanders have already qualified and you can too!

Act Now! Install Today!

If you haven’t already a installed a solar panel system yet then now is the perfect time for you do so! System prices are at record lows, electricity prices are at record highs, and with the carbon tax being pushed through parliament there hasn’t been a time when solar has been a better investment than now.

It will even add to the value of your home and start to pay for itself immediately, the only improvement you can add that will do so.