Power price rises to outpace growth in real wages - talk back callers wary about the future

FOR IMMEDIATE RELEASE:

Regency Solar's CEO was interviewed on MTR 1377 by Peter Familari and Glenn Ridge

Contact Company : Regency Solar
Contact Person: Natalie Pullan
Telephone Number: +61 3 9205 0989
Email Address npullan@regencysoalr.com.au
Web site address: www.regencysolar.com.au

Power price rises to outpace growth in real wages - talk back callers wary about the future

Regency Solar CEO interviewed on MTR 1377 by Peter Familari and Glenn Ridge

Melbourne, Victoria, Friday 22 July 2011

Regency Solar CEO, Darren Johannesen was recently interviewed on MTR 1377 by Peter Familari and Glenn Ridge. Taking callers with regard to the current state of the market for Domestic Solar PV - Johannesen answered questions on various Domestic PV Solar topics. Johannesen was invited to talk on the show due to the overwhelming consumer interest in this topic - more calls were received than Johannesen could respond to.

Regency Solar's view is that the Energy Market operates in a way that puts the needs of government policy and energy companies before the needs of Australian Households. Johannesen commenting on the intense interest in the topic said after the interview - "customers are feeling powerless right now - they feel "Big Energy" is out of control and passing on price increases without concern. While this may or may not be true - what we know is energy prices will double in the short term" (Source: Australian Industry Group - Report Energy Shock - Confronting Higher Prices Feb 2011)Regency's vision is based around the revolutionary idea of "Energy Equality" through building a platform of products to help Australian households - "Get Off The Grid". Regency believes a new paradigm is needed in household energy.

Johannesen said -" The Regency team is full of revolutionaries - who wholeheartedly believe that people should be accountable on responsible for their own energy needs. Right now we are seeing the emergence of countless new energy technologies which will make the current concept of "the grid" look as quaint as a red phone box. It wasn't that long ago when it seemed strange that households didn't have a fixed phone line at home - now due to the rise of new technologies - fixed home phone lines are beginning to become a thing of the past So too with domestic energy . I mean - look out the window Johannesen said - power is delivered to you on a wire tied to a wooden pole - and of that energy over 70% has been wasted in transmission losses by the time it gets to you. Outdated and inefficient - time to rethink our paradigm - it's time to get "off the grid."

Regency Solar is a wholly owned Australian company, part of the Regency Media Group founded in 1986. Regency Solar is leading provider of premium Domestic Solar PV systems and is the sole distributor of Canadian solar Brand Day4 Energy.

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