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The Solar Homes and Communities Plan rebate ended in June 2009 and has been replaced by the Solar Credits scheme. This rebate is NOT means tested. The Solar Credits scheme multiplies the Renewable Energy Certificates (RECS) generated by all eligible renewable energy systems by 3 for the first 1.5kW. Systems larger than 1.5kW will still receive RECS for the remainder of the system; however they will only receive the standard number of RECS for the portion of the system over 1.5kW. For example, a householder installing a 2kW system would receive Solar Credits i.e. 3 x RECS for the first 1.5kw and 1 x RECS for the remaining 0.5kW. RECS are a variable payment, which can be bought and sold once generated – their value they may go up or down depending upon market fluctuations. Currently they are valued at $28 each. Just as an example, a 3kW system would generate approximately 125 RECS when installed in Perth. That's appoximately $3,500 off the total cost of your 3kW system. You can choose to pay the full system price and claim your own Solar Credits, or Solarkings will give you a point of sale discount on your system if you would rather transfer them to us. This way you will only ever need to pay the after rebate cost of your system. Either way, we will help you claim all Government rebates, and take care of the paperwork for you as part of our installation service. Click here for more info about Solar Credits
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