ACT Environment and Sustainable Development Minister Simon Corbell last week announced that the Legislative Assembly has passed legislation to increase the amount of renewable energy to be supplied through Canberra's large-scale feed-in tariff scheme to 550 megawatts.
"I have made a number of announcements over the past fortnight in relation to renewable energy – these initiatives all highlight the broad range of investment opportunities for the community and industry in this sector," Mr Corbell said in the statement.
According to the Minister, recent announcements have included the independent solar auction review, a new community solar initiative, the investigation of a waste-to-energy facility for the region and the release of the ACT Renewable Energy Local Investment Framework that will apply to all future capacity releases.
The passage of the Electricity Feed-in (Large-scale Renewable Energy Generation) Bill 2014 means the government can now move forward with its plans to invest in 200 megawatts of wind energy.
"The cost of achieving the ACT's 90% renewable energy target is estimated to peak at around $4 per household per week in 2020. Through energy efficiency measures, consumers can expect to save money, in many cases covering the $4 increase – or in some cases exceeding it," Mr Corbell said.
"We need to lessen our reliance on carbon-polluting fossil fuels and invest in renewable energy across the board – that is how Canberra, as a dynamic forward-looking community, is taking action on climate change."