Combet’s solar subsidy plans

Greg Combet has stuck to his guns on support for solar PV. It’s time some retailers stopped pretending solar subsidies cost more than they actually do.

In July it is planned that the number of small-scale Renewable Energy Certificates received by solar PV systems per megawatt-hour (MWh) of generation will be reduced from three to two (where the systems are 1.5 kilowatts or smaller in capacity). These certificates, also referred to as STCs, represent a significant rebate off the cost of a solar PV systems for households.

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