RECs Solar Rebate increase
Solar Hot Water Victoria
Hot Water, Hot Water Systems, Solar Hot Water
As of 1st January 2011, there are changes to the way RECs rebates are traded.
Simply put, values have increased from approx. $24/REC to $40/REC.
This means a rise of up to $675 rebate on some models.
STC's (formerly RECs) can be traded via the STC clearing house at a fixed price of $40/STC.
There could possibly be a delay as the STC Clearing House works on a
Surplus/Deficit basis. Alternatively, the owner can sell their STC's
directly to a trader such as Green Bank usually at a slightly lower price, but a quick turnaround. The status of the is publicly available and updated on an hourly basis.
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