SA: New solar and wind projects to get tax breaks in SA

AAP General News (Australia)
12-16-2009
SA: New solar and wind projects to get tax breaks in SA

The South Australian government says new renewable energy projects in the state will
get big tax breaks.

From July .. investors in large-scale renewable energy projects will get payroll tax
rebates for the labour associated with direct .. on-site construction.

Rebates will be set at a maximum of five million dollars for each solar project ..

and one million for every wind power project .. and will remain in place for the next
four years.

Premier MIKE RANN says the investment incentives will help SA reach its target of having
20 per cent of all electricity generated from renewable energy by 2014 .. and 33 per cent
by 2020.

AAP RTV tjd/af

KEYWORD: RENEWABLE (ADELAIDE)

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