SGU

July 5, 2011

Solar Power Credit Scheme Australia Guide – Understanding Solar Energy Multipliers,STC,SGU and REC

State governments in Australia have been at the forefront of giving rebates and subsidies to promote solar energy in the country.This has resulted in a large boom of solar installations among residents in the country who are taking advantage of the generous subsidies.Though recently a number of provinces like New South Vales and Victoria have stopped the solar rebates , the falling cost of solar panels in Australia has still made it attractive enough for people to put up solar panels.Now the rebates for solar energy is federal in nature where you can receive a Renewable Energy Certificate (REC) or Solar Credit for the solar energy generated from solar panels