What Is The Solar Panel Rebate?

Our fuel prices are rising, the cost of groceries going up and the cost of living is getting higher. Reducing the cost somewhere is a great need and it can be done with your power bills. There is no way a home or office can run without power so a cheaper alternative that is kind to the environment is a popular one. While solar power has been in existence long enough for people to know its great benefits and how it works, you may still not be using it. Read on to learn about the rebates and available and you just may change your mind.



Changes to the government rebate. -



Originally there was an $8000 rebate available but these ceased from July 1st 2009 when the new scheme came into effect. For any solar panel system installed from 1st July 2009 the solar credit scheme will apply. EVERYONE is able to gain access to this scheme, no means testing is done and whatever your income, you are eligible. The offer is available to all homes and businesses and they will receive the massive financial benefit of 5 times the number of RECs for the first 11/2kW of system capacity, this is to help persuade people to make the change to using renewable energy. This new scheme is applicable to off grid and grid connect solar power installations and any extra power that is produced can be sold on to the power companies under the state government feed in tariffs for guaranteed earnings.



RECs place a value on the displacement of greenhouse gases. Just like shares, they have a market value and are tradable as a form of electronic currency. You can sell your RECs in advance, up to 15 years of proposed electricity production, if you purchase a grid connect solar power system meaning you will have the money straight away and ultimately reducing the cost of having the system installed. Add this fantastic financial benefit to the fact you are doing your part for the environment and it's easy to see why more and more people are making the change to solar power. By taking positive steps to a better future for further generations you will be taking a positive step to taking control of your finances and reduce your bills dramatically.



While Solar power is not a new idea for energy sources, it is certainly the best one. With the sun's energy on constant supply for our use, your carbon footprint can be smaller while your finances soar higher.





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There are great solar panel system rebates available for homes and offices. Solar Solar http://www.solarsolar.com.au/ can install your solar power system so you can enjoy the benefits from the sun.