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Solar
(PV) Rebates: What Should You Do?" 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!
©Enviro-Friendly.com 2002-2012 All information provided in good faith- E&OE
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