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Solar grants to support small business | TICKER VIEWS

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The Victorian Government Minister for Solar Homes, Lily D’Ambrosio, reveals a new program of $3,500 grants, for small businesses to install solar power systems. As a result, the grants will help businesses cut back on electricity bills and boost jobs in the solar industry.

Cutting electricity bills:

The new program, “Solar For Business,” will allow Victorian small businesses to apply for rebates to install rooftop solar. This will see business owners slash their electricity bills and reduce upfront costs of installation. Businesses will save hundreds of dollars on their annual energy bills and reap the benefits of the solar panels longevity. Any Victorian small business employing 20 or less people will be eligible.

The program will run with the Labor Government’s $1.3 billion Solar Homes Program. Minister for Solar Homes, Lily D’Ambrosio, says a key focus is to help businesses save cash.

“We know small businesses have been doing it tough. That’s why we want to encourage small businesses-from cafes to manufacturers and retail- to get solar panels and save hundreds of dollars a year on their bills.”

Lily d’ambrosio

Creating jobs in the solar industry:

As Victoria remains in its fourth lockdown, the program will also create jobs for the solar industry, with thousands of panels being installed across the state. The program is available for systems with a capacity of up to 30kW. In addition, it will see 15 000 solar PV rebates delivered over three years. The solar systems must be delivered by authorised retailers and installers and included in Solar Victoria’s approved product list.

By putting solar panels on businesses right across Victoria, we are creating more than 200 jobs in the solar industry”

lily d’ambrosio

Andy McCarthy is a mover and shaker in the solar industry. He is the Chief Executive Officer and Director at leading solar business, RACV solar. RACV solar is located in the Gippsland, the centre of coal country. but he is defying the odds, making it the home of his solar empire. McCarthy says the grants are a big push in the right direction.

“A wonderful announcement…Can’t wait to roll up our sleeves

ANDY MCCARTHY
https://twitter.com/tickerNEWSco/status/1401856034055000065?s=20

Small businesses, the solar industry and the climate will benefit from the “Solar For Business Program.”

For more information, including eligibility criteria and authorised retailers, can be found at solar.vic.gov.au/business. Applications are now open.

Holly is an anchor and reporter at Ticker. She's experienced in live reporting, and has previously covered the Covid-19 pandemic on-location. She's passionate about telling stories in business, climate and health.

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Russia defaults on foreign debt for the first time in a century

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Russia has failed to pay out its overseas debt for the first time in over 100 years

The country missed its Sunday deadline due to challenges in transferring the payments to international creditors.

Moscow has the funds to make the 100 million dollar payment but sanctions have complicated the process.

The country is unhappy with the situation with the finance minister calling the situation “a farce”.

The last time that Russia defaulted on its foreign debt was in 1918 when leader Vladimir Lenin did not pay out debts on behalf of the Russian Empire.

Russia has been hit with sanctions by a number of countries in response to its invasion of Ukraine.

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Instagram introduces new process to crack down on underage users

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The majority of social media platforms have an age limit of 13 years old, but how is this really being regulated?

Instagram is exploring new ways for teenagers to verify their age and comply with platform rules.

The gram is turning to video selfies to crack down on minors editing their date of birth to make them appear over 18.

The Meta-owned app is testing video selfies with facial analysis software as a new age-verification method.

For a U.S. teen who wants to join insta, they will need to upload ID, ask three adult users to vouch for them or take a video selfie.

Meta says it hopes the new methods will ensure teens have an “age-appropriate experience” on the content sharing app.

Video selfies have become a popular way for digital platforms – such as online banking apps – to verify users’ age or identity.

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Business

U.S. firms to pay staff travel expenses for abortions

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Major companies have reassured staff that if they require an abortion, they will cover their travel expenses

Disney, JP Morgan, Amazon and Meta are among the companies to announce similar moves for women.

This comes as millions of US women face restricted access after a landmark ruling by the US Supreme Court overturned the constitutional right to abortion.

A growing number of companies have confirmed they will cover travel costs through their health insurance plans for employees who leave their home state to get an abortion.

Disney employs around 80,000 people at its resort in Florida, where the governor has already signed into law a ban on abortions after 15 weeks of pregnancy, which is scheduled to take effect on 1 July.

Banking giant JP Morgan and another leading US investment bank, Goldman Sachs, also said it would cover travel expenses for employees.

Social media company Meta said it intended to reimburse travel expenses where permitted by law.

Other companies which have indicated they will take similar steps include Vogue publisher, jeans brand Levi and ride hailing companies Lyft and Uber.

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