Rainbow Power Company has been forced to lay off two staff.
Rainbow Power Company has been forced to lay off two staff.

Rainbow Power cuts staff

THE Rainbow Power Company has been forced to lay off staff and says more jobs in the solar power sector will be lost if uncertainty around pricing arrangements continues.

Company spokesman Paul O’Reilly, said the company had been forced to make two staff redundant and has not had the confidence to replace another four who have left since Christmas. He said the industry expected some certainty to flow from a solar power summit which was held on July 1, but all it got was the announcement of a review by the Independent Pricing and Regulatory Tribunal, which will take 12 months.

“We are losing 73 jobs a day (in the sector in NSW), if we wait 12 months that will be 8000 solar jobs lost in NSW,” he said.

“Twelve months is too long, we need this to be a priority.”

State Lismore MP Thomas George declined to comment in detail on Mr O’Reilly’s concerns, saying only that he would make representations to the minister responsible.



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