Solar Credit Scheme
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System REC's

 

Solar Credit Scheme

Announced August 2009, with details available now in September 2009

The Solar Credits Scheme replaces the SHCP Rebate.

Solar Credits are created for the first 1.5KW
of a solar system installed from June 9th 2009.

Larger than 1.5KW, the balance of REC's are 1:1
Upgrades and systems at the same address: attract REC value 1:1

REC's are a commodity and the price moves with supply and demand in the market.

Year 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 Beyond
Multiplier 5 times 5 times 5 times 4 times 3 times 2 times NONE

A solar PV system in Brisbane, Perth, Adelaide, & Canberra can create

REC's Price 1KW REC's 1.5KW REC's 2KW REC's 3KW REC's 4KW REC's 5KW REC's 10KW REC's
REC's Created 108 155 165 186 206 277 331
$35 $3605 $5425 $5775 $6510 $7210 $7945 $11,585
$50 $5150 $7750 $8250 $9300 $10,300 $11,350 $16,550
$60 $6180 $9300 $9900 $11,160 $12,360 $13,620 $19,860


Download
SGU Owners Guides

For more information on the regulations regarding the Solar Credits Scheme.

Systems Power Expectations
System Systems using Sharp 175 Watt Solar Panels

Power per day Based on 5 Peak Sun Hours

Systems using Solarfun 170Watt Solar Panels Power per day Based on 5 Peak Sun Hours
1KW 1050Watts 5.250KW/day 1020Watts 5.100KW/day
1.5KW 1575Watts 7.875KW/day 1530Watts 7.650KW/day
2KW 2100Watts 10.500KW/day 2040Watts 10.200KW/day
3KW 3150 15.750KW/day 3060Watts 15.300KW/day
         
         

 

 

 

 

 


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