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Solar Credits Scheme Frequently Asked Questions |
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| Changes to Solar Credit Scheme on 5/5/2011 Changes to Qld Govt Solar Bonus Scheme (Feed-in-Tariff) How Do I get Solar Credits? In previous system installations, Cooloola Solar Systems offered the Recs as a point of sale discount. With the changes on 1st January 2011, this system will continue but the price of the STC is now $24 as we trade through an agent. You have the option of registering with the RECs Register as a Registered Person and therefore receiving $40 for your STCs. Be aware, though the process through an agent will take up to 2-3 weeks to receive payment, and through the RECs Register, it could be 16 weeks before payment is received. CSS is in the process of registering with the ORER as an agent, but these things to take time.
How much benefit can I expect to get from Solar Credits for installing a solar PV system? Solar Credits are provided in the form of Small-scale Technology Certificates, or 'STC's", for people who have installed a new solar PV system from 9th June 2009. Solar Credits apply to the first 1.5KW capacity of the system installed. Why do Solar Credits vary across the conutry? The number of Solar Credits
created for a solar system depends on the amount of renewable energy
the system generates. Can I apply for the Solar Credits myself? Generally when installing solar PV systems, owners transfer the right to create REC's to the installer in return for a discount on the price of the system being installed. Owners of solar PV systems installed from 9th June 2009 can access Solar Credits themselves, rather than transferring their Solar Credits to their installer as a discount on their system. Owners can do this (generally through an agent) by applying to the Office of the Renewable Energy Regulator (ORER) any time within 12 months following the installation. How do I know if my system is eligible for STCs or LGCs? The eligibility rules are prescribed in the RET scheme regulations, administered by the Office of the Renewable Energy Regulator (ORER). Key rules are summarised below. Details of the rules are available on the ORER website * The system must be an
eligible ‘small generation unit’; being a solar PV system
of up to 100 kilowatts (kW) capacity; a small wind turbine of up to
10kW capacity or a micro-hydro system of up to 6.4 kW capacity. Will I be able to get both Solar Credits and the SHCP rebate? No! Appropriate safeguards are in place to prevent double dipping in relation to the multiplier and the SHCP rebate.
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