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Solar credits reduced

The Minister for Climate Change and Energy Efficiency, Greg Combet, announced today that the Solar Credits multiplier will be reduced from 5 to 3 from 1 July 2011 to 30 June 2012.  The reduction is a result of the impact of the higher than expected growth in solar panel installations and the flow-on cost to [...]

Changes to RECs

The changes by the Government to the way our RECs will be handle will take place on the first of Januay 2011. The word "REC" will no longer be in use, it will be divided into two registries LGC (large scale generation certificates) and STC (small scale technology certificates). There will now be two options for obtaining [...]

Feed-in tariff scheme provides incentive

Householders will soon be given greater incentive to embrace cleaner energy while also reducing the cost of their electricity bill. Energy Minister Peter Collier has announced State Budget funding of $23million to introduce a residential net feed-in tariff scheme, providing a subsidy to householders with new and existing photovoltaic, wind and micro-hydro systems. Read more