Above is a table to estimate the number of Solar Credits for PV based on size and location of the system.

Please note this should be used as a guide only.
Systems not eligible for the multiplier should refer to our normal PV calculator:
http://green-bank.com.au/calculating-recs

New regulations now require two statutory declarations to be submitted with REC Assignment Forms for the creation of RECs for systems with a capacity of 700 litres and greater.

The first statutory declaration is from the owner of the system and should state:
That the owner intends for the system to remain installed in its original configuration and location for the life of the system.

The second statutory declaration should be completed by the installer and needs to include:
- the model of the solar water heater
- the volumetric storage capacity of the heater
- the premises at which the heater is to be installed and used
- the purposes for which the heater, and the hot water produced by the heater, are to be used
- that the volumetric storage capacity of the heater is appropriate for the premises at which the heater is to be installed and the purposes for which the heater, and the hot water produced by the heater, are to be used
- the expertise or experience of the person signing the declaration in relation to a heater of the kind covered by the declaration (in most cases this will be the installer/supplier).

Please visit the link below for examples of Statutory Declarations that can be used for Commercial Solar Water Heating & Heat Pump Claims:
http://orer.gov.au/forms/agent-stat-decs.html

Please be aware - A person who intentionally makes a false statement in a statutory declaration is guilty of an offence.

If you have any questions regarding the new regulations for Commercial Solar Water Heaters and Heat Pumps, please contact our office on 03 9845 3000 

As of 10th September 2009 the regulations to give effect to Solar Credits are now in place. This means eligible customers are now able to claim their RECs for the 5 times multiplier, up to 1.5 kW.

Although some information is yet to be finalised we can now confirm:

Solar Credits will only be available to customers who have not received or have pre-approval for any funding agreement e.g. Solar Homes & Communities Plan, National Solar Schools Program, Photovoltaic Rebate Program etc

Certificates can be multiplied ONCE only, irrespective of whether the certificates have been created for a 1, 5 or 15 year deeming period. This means the one and five year deeming option only multiplies the RECs once.

To be eligible for the 15 year deeming period the unit must be designed and installed by a person accredited for stand alone and grid connected power systems under the BCSE accreditation scheme or the Clean Energy Council accreditation scheme.

Rounding of the RECs will occur after the 5 times multiplier has been applied (calculator will be available on website shortly).

Installation must occur at an 'eligible premises' to qualify for the Solar Credits. An eligible premise is currently defined as a house (including the land on which the house is located and any outbuildings on the land), a townhouse, a residential apartment and a shop (including the land on which the shop is located and any outbuildings on that land). At this stage it appears, yachts, caravans, mobile homes etc are unlikely to qualify for the multiplier. 

The small generation unit (SGU) must be a new and complete unit to qualify for Solar Credits. 

We will do our best to keep everyone posted on further information when it comes to our attention. Please do not hesitate to contact our office on 03 9845 3000 with any questions you may have.

Welcome to the new Greenbank Environmental Blog.

We're looking forward to speaking with you and sharing news about the Renewable Energy Sector.