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Federal Government announces further RECs change

Flash Traffic: Solar credits quantity reduced by larger margin than announced previously Solar Credits is the name given the the incentive available for capital investment in green energy production. For information on on the Feed in Tariff, see this news article and general feed in tariff information The Minister for Climate Change and Energy Efficiency, Greg Combet, today revealed that the Solar Credits multiplier will be reduced from 5 to 3 from 1 July 2011 to 30 June 2012, with the effect being to reduce the installation incentive by...

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