Solar_Credits & Rebates

Solar Credits

As of 9th June 2009, the Federal Government has pulled the plug on the $8000 Rebate available for the purchase of a 1 kW and above Photovoltaic Solar System. The new Solar Credits scheme has y et to pass legislation.

The new scheme will abolish the means test that is in place with the current scheme so that family's whose income is above the $100,000 threshold can apply, as well as businesses and community groups.

The new Solar Credits scheme will apply to new installations as of June 10, 2009. You will receive Solar Credits for the first 1.5kW of capacity installed. For Example, for a 1 kW system you may receive up to $5150 and up to $7750 for a 1.5kW system and above. These rebates may vary and we will not know to exact amount until the scheme comes into play.

For more information of the new Solar Credits Scheme, click here

Feed In Tariffs

As of January 2010 in NSW, Australia any electricity that you export to the mains will be credited on your account at 60 cents. Some electricity retailers may choose to top this payment up.

There are 3 ways that you can get discounts on your solar power system. Government rebates are available from both the federal and state governments, RECS cash-backs provide another handy saving and the small business 50% tax allowance.

Laddertech will organise and complete all the application forms for you, so you can relax knowing that you will get the best possible deal, without having to worry about the paperwork.

For more information, click here

RECS Buy Back

Renewable Energy Certificates (also known as RECS) are a way of keeping track of how much renewable energy has been generated and who has generated it. RECS can be traded between companies or individuals, rather like shares. One REC is created for every megawatt hour of renewable electricity that is produced.

Each year the owner can receive the RECS for a certain amount. Alternatively, owners can assign their RECS to someone else if they wish.

Nearly all Laddertech customers choose to assign them to Laddertech in return for a one-off payment/discount on the upfront cost of the system. This gives them a handy discount as well as eliminating time consuming paperwork and the practical difficulties of trying to sell them privately.

Currently RECS can be bought upfront for up to 15 years.
That makes a nice discount on the cost of a system, the larger the system, the larger the RECS buy back.

Business Solar Frequently Asked Questions

The most common questions. Please click here to request more information: contact us.

Why put Solar on my business now?

(IN NSW THE PLAN IS CAPPED, IE IT WILL BE OVER VERY FAST, SMART INVESTERS WILL BE THE ONES LAUGHING FOR 20 YEARS+!)

Your system will generate a free power for years to come.

Investment allowances, the sale of Renewable Energy Certificates and premium feed-in tariffs all contribute to reducing the out of pocket cost of going solar, and you be showing your customers and employees that your business is doing its bit for the environment. The marketing advantages can be great.

If your business has a turnover of less than $2 million per annum and your order before 31 December 2009, you can claim tax deduction of 50% of the costs of your system in your first year. The very same rules are being exploited by smart small businesses to buy a utes for example.

What are carbon credits or RECS?

In response to climate change, and to encourage the development of renewable energy, wholesale buyers of electricity such as retailers are required to source a portion of their power from renewable sources. This is demonstrated by the purchase of Renewable Energy Certificates (RECS) which must be surrendered to the Office of the Renewable Energy Regulator.

One REC represents the generation of 1 MWh (megawatt-hour) of electricity. As the total electricity produced by your Laddertech Solar power system depends on the amount of sun that falls on your roof, the number of RECS created by your system depends on its size and a factor linked to your postcode. The sunnier your postcode, the more RECS you can create. On installation, you can create RECS equivalent to the anticipated amount of power that your system will generate over the next 15 years.

RECS can be sold through companies that are authorised to deal in them. Our base prices assume that you assign the RECS created by your system to us. We then sell them, and this reduces the out of pocket cost of your system.

Does my building insurance cover my solar panel installation? YES

Will my new solar system require batteries? NO, that is only for off grid or “bush” applications.

Can I add more solar panels later on? Please consider this up front and we can suggest a larger inverter to allow increased output in the future.

What are the ongoing costs? None the only costs parts that fail beyond the warranty periods. (25 years for panels, 5 years for inverters) Also every 6 months the panels should be washed to ensure any bird deposits, etc are removed.

Will you put holes in my roof? Laddertech is an engineering based company. We can provide you professional advice on structural, wind and electrical engineering issues relating to any part of your operation. Therefore unlike many marketing based companies, we provide practical, lasting comprehensive solutions. And of course the very best pricing in the market.

The following table provides a typical guide for systems located in Victoria. Performance will be vary for a number of reasons.

Will I need a new power meter? Subject to an interconnection agreement with your electricity retailer, you may be able to continue to use your existing electricity meter. When your solar power system is generating more power than you use, your meter will spin backwards, offsetting the cost of power you have drawn from the grid. You will need a new bi-directional (import-export) meter if you wish to take advantage of the premium feed-in tariffs that are being introduced across Australia.

Will the panels last? Panels are designed to withstand exposure to the elements including rain, hail and wind. Laddertech’s panels have been tested and are certified for use in winds of up to 208km/h. All are German TUV certified, the best!

If you have any other questions, please This e-mail address is being protected from spambots. You need JavaScript enabled to view it