C-PREP Economic Results

From March 2009 when C-PREP went live approximately 1,930 ratepayers entered the program. The statistics below are from the Fleurieu area which includes Kangaroo Island, Alexandrina, Yankalilla and Victor Harbor. One thousand ratepayers from Mt Barker, Adelaide Hills and the Barossa council areas jumped in behind C-PREP so the figures below could be doubled when those areas are included. It is to be remembered that the Federal Government shut the solar rebate program down approximately three weeks before its scheduled end of Jun 30, 2009. Had they not, the numbers would have been even more impressive.

• 900 Fleurieu ratepayers invest $2,500 - $2.25m
• $8m in Federal Government rebates attracted to the Fleurieu
• ZEN installs a $20,000 local office
• Three (3) local jobs created to staff it
• 24 local electricians contracted for 9 month installation program
• $35,000 in local newspaper advertising
• $4,000 ZEN sponsors LGA Annual Conference
• Ratepayer p/a power savings estimated at $250,000 annually
• $130,000 raised via registration fees
• $30,000 ZEN/Adelaide University/Victor Harbor partnership for renewable energy research “proof of concept” (solar/wind hybrid)
• ETSA gets $500,000 for new meters
• 900 households save approximately 1,170 Tonnes of CO2 annually

Please remember that C-PREP is ongoing and we expect to have solar/wind hybrid prototypes early next year.