Government announces review of STC market

The Australian government has announced a review of the STC market that may have significant impact on the support for the solar power industry in Australia. The review has wide terms of reference to look at all aspects for the MRET legislation, the legislation that creates STC's and LGC's and creates an obligation on liable parties to buy these. As these STC's are instuments to which people become entitled when they install a residential or home solar power system, or a commercial solar power system under 100 kw, then this review may have an impact on the retial price of solar systems...

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