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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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