RECs Solar Rebate increase

By: Solar Hot Water Victoria  06-Jan-2011
Keywords: 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.

(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.

Keywords: Hot Water, Hot Water Systems, Solar, Solar Hot Water, Solar Hot Water System, Solar Hot Water Systems, Solar Water Heater, Solar Water Heaters, Water Heaters, Water Heating