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Rooftop solar panel installations soared by almost half in the first six months of 2018 as businesses eclipse residential take-up for the first time.
Australia, unlike most other large markets globally for solar PV, has traditionally steered clear of installing solar systems larger than 100 kilowatts.
The Clean Energy Regulator announced on Thursday 29 March 2018 that the 2018 target for the Small-scale Renewable Energy Scheme, which provides financial support to rooftop solar PV and solar hot water, is to be 17.08% (this is called the Small-scale Technology Percentage or STP). Green Energy Trading has assessed what this means for the level of solar expected to be installed in 2018.
The Clean Energy Regulator recently announced changes to the definition of a boundary for a PV system. They have gone into detail on scenarios where customers may be eligible to claim either claim STCs or LGCs, details of which can be found here.
Quite simply the deeming period is an estimate of the years the system will create renewable energy between the year installed and the end of the scheme in 2030.
Two of Australia’s largest Renewable Energy Certificate Agents - Green Energy Trading and National Carbon Bank of Australia - have now joined forces to further strengthen their position as Australia’s leading environmental trader.