Solar (PV) Rebates: What Should You Do?

We can make this as complicated as possible, or boil the information down to some pretty simple advice...

1. If you qualify under the current Means Test for the $8,000 Rebate... move quickly! The current scheme finishes on June 30th, 2009. We're not sure yet how it will close off, so acting quickly makes sense. On a 1 kW system you'll receive a total rebate (including RECs) of around $8,900* NOW, but only around $4500* after June 30th. Waiting too long will cost you over $4000, so call us NOW.

2. If you DON'T qualify under the current Means Test, then you want to purchase from July 1st,. 2009 under the new Solar Credits rebate scheme. On a 1 kW system you would receive a rebate of around $900* NOW, but around $4500* from July 1st. On a 1.5 kW system, you would receive around $1350* now, but around $6750* from July 1st.

There is obviously going to be a rush of activity. There aren't going to be enough good installers or enough stock of good brands of panels to keep up with a double burst of activity- the rush of customers wanting to get the $8000 that closes on June 30th., and the queue of those waiting to buy after July 1st. Please help us help you by talking to us as soon as possible.

" The Government will continue to meet demand under the Solar Homes and Communities Plan, which will transition to the Solar Credits scheme in mid 2009. Solar Credits will replace the Solar Homes and Communities Plan as the Government’s primary means of supporting the installation of solar power systems. The Government will work with industry to ensure a smooth transition to the new arrangements."

* You'll notice that the figures we use are a little less than the Government quotes on it's handouts. That's because there are a few qualifications. To quote from the Government's own Fact Sheet on the subject...

" Under the existing MRET scheme, a 1.5 kilowatt solar PV system is eligible for RECs valued at around $1500. Under Solar Credits, the household would receive five times that amount, or around $7,500, depending on the market value of the RECs. The exact level of subsidy will depend on a number of factors, including the price of Renewable Energy Certificates (RECs), the deeming period chosen by the applicant (see above), the location of the solar PV system and the size of the system."

The calculations by the government use a figure of $50 for RECs. Their current retail market price is around $44-45. We use that figure to be conservative. We want any surprises to be pleasant ones!

Call Enviro-Friendly today on (02) 6282 6266, and find out how your own solar power system can help you
"Save water, save energy, save money, and save the environment."

For enviro-friendly tips and news, be sure to and please, tell your friends about us!

Site Map Water Tanks Australia Team Poly Water Tanks ARI Plastank Water Tanks Precision Poly Water Tanks Underground Water Tanks Slimline Water Tanks Poly Water Tanks Bladder Tanks Metal Water Tanks Solar Hot Water Dux Heat Pump Solar Hot Water Siddons Heat Pump Solar Hot Water Quantum Heat Pump Water Heater Stiebel Eltron Heat Pump Water Heater Hills Solar Evacuated Tubes Commercial Hot Water Solar Hot Water Sydney Solar Hot Water Melbourne Bosch Instantaneous Gas Greywater Systems Matala Gator Pro Solar Panels Power Systems Solar Panels Sydney Solar Panels Canberra Solar PV Feed In Tariff BP Solar Sharp Solar Sunpower Solar Suntech Solar Sungrid Solar Solyndra Commercial PV Solar Grid Connect Inverters Smart Meters Canberra Home Builders Plumbers Canberra Water Tanks Sydney Water Tanks Melbourne Water Tanks Adelaide Water Tanks Brisbane Water Tanks Canberra Water Tanks Perth Discount Water Tanks Tank Accessories Rainfall Hydronic Heating Onga WaterSwitch Bianco Water Pumps Buy & Sell RECs Green Loans Home Sustainability Assessments Program

Enviro Friendly Products Pty Ltd
ABN 63 114 944 713
65-67 Colbee Court
Phillip ACT 2606
(Canberra, Australia)
Ph: (02) 6282 6266 Fax: (02) 6282 6288

Business Hours: (EAST) Monday-Friday 9-5, Saturday 9-12.

Founding Member