Quote:
Originally Posted by jpblue1000
The way I read it is they are wanting those feeding into the system to star paying for the distribution lines as well. Im guessing a bill yearly based on what you fed back into the system irrespective of what you took out of it.
JP
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All sorts of stuff being talked about here, for instance if you have a battery bank to draw off at night then the power distribution mob will withdraw your FIT, or at least they are going to try to get that passed.
Bottom line we are a risk to their financial wellbeing, can't have that now can we.
big business, even overseas ones, must come first, profit at all costs, doesn't matter that thousands of us can't afford the "necessities" of life.
just be aware that if you do withdraw your "credit" it must be declared as income (unless you are on an age pension, no other pension has this benefit)......
My tax agent assured me that there a lot of folks that could be caught up in a "crackdown", which is bound to happen.