wind turbine

What are Solar Credits?

If an SGU was installed on or after 9 June 2009 it may be eligible for additional STCs under Solar Credits.  This increases the number of STCs to which your system is entitled by a set factor, depending on when the system was installed, thereby increasing the financial benefit provided back to you, to support investment in small-scale renewable energy generation.  The table below shows the current Solar Credits multiplier.

Installation Period Multiplier
9 June 2009 - 30 June 2010 5 x [number of eligible STCs]
1 July 2010 - 30 June 2011 5 x [number of eligible STCs]
1 July 2011 - 30 June 2012 3 x [number of eligible STCs] *
1 July 2012 - 30 June 2013 2 x [number of eligible STCs]
1 July 2013 - onwards 1 x [number of eligible STCs]
(ie no multiplier
)

* unless contracts made on the basis of a multiplier of 4 were signed and a deposit paid prior to 5 May 2011, in which case the multiplier of four (4) does apply. See the Solar Credits "Transitional Arrangements" webpage for more detail.

The Agent assisting in the installation of an SGU should factor the Solar Credits automatically into their calculations.  For more information on the eligibility criteria, please see the Solar Credits page .  

If you wish to install additional capacity to an existing system it may be entitled to standard 1:1 STCs if it fulfils eligibility requirements. Additional capacity is not entitled to additional Solar Credit STCs.

Date last updated: 02 Nov 2011