Australia’s booming rooftop solar market has hit a potential speed hump, with a sudden drop in the price of small scale renewable energy certificates, pushing up the cost of solar by around 10 per cent for households and small business and catching many installers unawares.

Australia’s electricity and gas prices have reached historic heights that are squeezing household budgets while threatening the very survival of some Australian manufacturers.

Over the years we’ve seen lobbyists and incumbent energy interests repeatedly proved badly wrong about the levels of renewable energy we could manage to achieve.

It appears the fossil fuel industry’s scare campaign over renewable energy driving up the price of electricity is having the same desired effect it had back in 2011 when they campaigned against placing a penalty on polluting the atmosphere with global warming gases.

The government has indicated they will push the Clean Energy Finance Corporation to finance new coal power plants on the basis that these coal plants have lower emissions than existing coal power plants.