The Solar Credits Scheme is part of the expanded Renewable Energy TargetThis allows small Solar and Wind units to receive 5 times the amount for each megawatt-hour of energy produced. Solar Credits are provided in the form of Renewable Energy Certificates, for people who have installed a new solar PV system from 9 June 2009.

 

  •  Solar Credits apply to the first 1.5 kilowatts (kW) of capacity of the system installed. (After 1.5 kilowatts RECs can still be created but are not subject to the multiplier)
  • The multiplier cannot be claimed if any other rebate has been claimed at the same address. This includes the Solar Homes and Communities Plan, the Renewable Remote Power Generation Program, and the National Solar Schools Program.
  • Solar Credits may only be created once for a particular installation, irrespective of whether the certificates are created for a 1-, 5- or 15-year deeming period.
  •  The system must have been installed no more than 12 months prior to the date of application.

June
2010
2011 
2012 
2012-13 
2013-14 
2014-15 
2015-16
Multiplier
5
5
5
4
3
2
1

 

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