Solar REC's
Submitted: Tuesday, Jul 14, 2009 at 16:51
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Austravel
Hi,
Anyone found a good group to deal with to claim the solar REC's mounted to a vehicle?
I note some of the
places I've checked out round down the credits where as the SGU owners guide states you can round up. Guess that's where the group buying can dictate the rules.
Reply By: jdwynn (Adelaide) - Wednesday, Jul 15, 2009 at 07:01
Wednesday, Jul 15, 2009 at 07:01
Austravel, I thought this link might help explain your thread:
SGU owners guide
But I have to ask, is there any real prospect of a claim for a vehicle mounted unit?
AnswerID:
374583
Follow Up By: Austravel - Wednesday, Jul 15, 2009 at 09:20
Wednesday, Jul 15, 2009 at 09:20
Hi jdwynn,
As far as I'm aware many people have been claiming their solar panels mounted on caravans, motor homes, etc. Just need to work out who gives the better price for the REC.
FollowupID:
641814
Follow Up By: jdwynn (Adelaide) - Wednesday, Jul 15, 2009 at 09:27
Wednesday, Jul 15, 2009 at 09:27
thanks Austravel, sounds like I'm behind. What '
places' have you checked - I dont know
where to start, but Ive bought system already - still working on wiring frame after a trial a month ago. cheers
FollowupID:
641817
Follow Up By: Austravel - Wednesday, Jul 15, 2009 at 09:50
Wednesday, Jul 15, 2009 at 09:50
jdwynn,
Just rang Green Energy and they are paying $36 per REC. That's down around $10 since I last looked. Rang them and they said ok to claim on a vehicle and just fill in the paper work and takes around 1mth. Has to happen within 1 year of purchase.
FollowupID:
641821
Follow Up By: jdwynn (Adelaide) - Wednesday, Jul 15, 2009 at 10:13
Wednesday, Jul 15, 2009 at 10:13
thanks again Austravel, I calculated 3 rec's (2/80w panels in zone 3 over 15 years), so I guess about$100. Does that sound correct? Only problem I can see now is that I installed / wired it myself. Still it's nice to know how you go about a claim. Cheers
FollowupID:
641822
Follow Up By: Austravel - Wednesday, Jul 15, 2009 at 10:20
Wednesday, Jul 15, 2009 at 10:20
You can only claim in 5 year blocks if you installed it yourself. They round down the rec's unlike the process from ORER. Even so with 2 panels you should get paid for one rec (I think) at $36.
FollowupID:
641824
Follow Up By: wazzaaaa - Friday, Jul 17, 2009 at 17:27
Friday, Jul 17, 2009 at 17:27
I claimed from "Green energy trading" about a year ago, got two rec's @$49 each, for my 390w system on my caravan, it was already installed by me so all I had to do was send a photo of them with the application.
System Capacity (kW) multiplied by x My Solar Zone Rating 3 multiplied by x My Deeming Period ( 5 years)
(________.39____) kW x (____1.382__________)
x (_________5_______) years = No. of RECs (rounded down to the nearest whole number)
No. of RECs ______2_____ x REC Value $49
= My Payment $ __98_________
Wazzaaaa
FollowupID:
642253
Reply By: AdrianLR (VIC) - Friday, Jul 17, 2009 at 21:56
Friday, Jul 17, 2009 at 21:56
REC prices are down by about 25% at the moment because people are waiting for the Federal Govt to pass the Renewable Energy Target legislation. Comes up for a vote again in August. Particular items of relevance to small PV will be the grandfathering rules (if you already have your system installed) and the more generous treatment ie multiple RECs.
Adrian
AnswerID:
374995
Follow Up By: Austravel - Monday, Jul 20, 2009 at 09:22
Monday, Jul 20, 2009 at 09:22
Thanks, will wait until the new legislation comes out before claiming.
FollowupID:
642567