FAQs

General FAQs

1. Can I get any other rebates or grants for my solar hot water or PV system?
2. What’s an ‘independent agent’?
3. What should I look for in a REC agent?
4. How will I get paid?
5. What do you do with my RECs and VEECs?
6. How does Green Energy Trading make their money?
7. Are RECs and VEECs really just a government rebate?
8. Are RECs and VEECs part of the Carbon Pollution Reduction Scheme (CPRS)?
9. Who can create RECs and VEECs? Can I do this?
10. Why is my assignment form under audit?
11. Is GST included in the certificate price?
12. What is required as proof of installation?

REC FAQs

1. What is the Renewable Energy Target?
2. What are RECs and where do they come from?
3. Which systems are eligible for RECs?
4. Is my solar water heater or heat pump system eligible for RECs?
5. What is a REC worth?
6. Will I get a better price for my RECs in the future?
7. What information do you need to pay me?
8. What is the deeming period for wind or PV systems?
9. What are the climate zones?
10. How many RECs can I claim from my system?
11. When do I have to claim my RECs?
12. Can I get RECs for extensions to an existing PV system?
13. Do I need to list the income from RECs on my personal income tax return?

VEEC FAQs

1. What is a VEEC?
2. Who is participating in the VEEC scheme?
3. How many VEECs can I get?
4. How much $$$ will I get?
5. Does it matter where the activity occurs?
6. Do I need to be registered with the ESC to create VEECs?
7. Which products are eligible?
8. What’s the process for claiming VEECs?
9. What does Green Energy Trading do with my VEECs?
10. How does Green Energy Trading make their money?
11. When will I get paid?
12. How long do I have to claim VEECs?
13. Which buildings are included?
14. What are my obligations?
15. My customers want more details, what should I do?
16. What is required as evidence of decommissioning?
17. When can a VEEC be created?
18. What are the targets for the VEET scheme?
19. Can I get RECs and VEECs for my solar hot water system?
20. Is this part of the CPRS or carbon trading scheme?
21. Where can I get more information?

Solar Credits FAQs

1. What are Solar Credits?
2. Can I claim Solar Credits if I have received a rebate?
3. If this is my second system can I claim Solar Credits?
4. If I’m extending an existing system can I claim Solar Credits?
5. How many times can I claim Solar Credits?
6. What systems are eligible for Solar Credits?
7. What are phantom RECs?
8. What date can I create Solar Credits from?
9. How do I calculate Solar Credits?
10. How long will the Solar Credits scheme last for?
11. How long do I have to create Solar Credits?
12. What is an eligible premises for Solar Credits?
13. What is NOT classified as an eligible premises (so can’t get Solar Credits)?

Price Guarantee FAQs

1. What is a ‘pre-assignment form’?
2. How long will you guarantee the price for?
3. What price will you guarantee?
4. Do I need to sign the Green Energy Trading contract for each installation?
5. Is this agreement legally binding?
6. Are there any other costs?
7. Do I have to do all my RECs through your Price Guarantee Contract?
8. My customer wants to claim the RECs directly. Can you guarantee a price for them?
9. What happens if the installation doesn’t happen?
10. I can’t get the installation done on time (within 12 weeks of sending you the pre-assignment form). What’s going to happen?
11. The customer wants a different system now but I’ve already sent in the pre-assignment form. What do I do?
12. You guaranteed me a price, but REC prices have gone up now. Can I get the higher price?
13. When will I be paid?
14. I don’t have all the information for the pre-installation agreement. Is that alright?
15. How can you guarantee a REC price?
16. Is this happening because of the changes coming in next year, the fixed $40?
17. Do I have to do a minimum number of installations to qualify for the price guarantee?
18. Is there a limit on the number of RECs you’ll cover with this agreement?
19. How long will the contract last?
20. Can I guarantee just part of the RECs for my system?
21. What type of installations can be covered under this agreement?