ALP Announces New ‘Solar Credits’ Legislation
The Australian Government will today release the final legislation for the expanded Renewable Energy Target (RET) which will allow for the creation of new ‘Solar Credits’ to replace the existing Solar Homes and Communities Plan (SHCP) from today onwards.
Solar Credits will build on the largest ever investment in solar panels in the nation’s history under the Solar Homes and Communities Plan, with more than 80,000 solar systems set to be installed on Australian rooftops since the Rudd Government came to office.
“This Government has overseen more installations of solar systems in 18 months than we saw over the previous eight years, transforming the sector from a cottage industry to part of a productive and growing green-collar workforce,” Mr Garrett said.
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