GOE 0.00% 2.7¢ go energy group limited

whats up with solco???, page-5

  1. 2,375 Posts.
    I don't think they can cut the Federal rebate (RECs multiplier) They promised 5 times multiplier up untilJune 2012 and then it decreases each year.

    Please see the below extract from the below link.
    http://www.google.com.au/url?sa=t&source=web&ct=res&cd=6&ved=0CBYQFjAF&url=http%3A%2F%2Fwww.climatechange.gov.au%2Fen%2Fgovernment%2Fsubmissions%2F~%2Fmedia%2Fpublications%2Frenewable-energy%2Fregulationscommentary.ashx&rct=j&q=recs+multiplier+2012&ei=YZS0S4OCMs2IkAX-kqyxDQ&usg=AFQjCNELq1BJdzGO9tXl6DUKWE0OrMdaNg


    6. Subregulation 20AA(2) would also state the years to which the multiplier will apply and the multiplier rates for each year. Eligible SGUs as defined in the regulations will be able to create 5 RECs for each MWh of generation for systems installed between 1 July 2009 and 30 June 2012. The rate of multiplier for eligible SGUs would decline to 4 RECs for each MWh of eligible generation for systems installed between 1 July 2012 and 30 June 2013, further declining to 3 RECs for each MWh of eligible generation for systems installed between 1 July 2013 and 30 June 2014 and 2 RECs for each MWh of eligible generation for systems installed between 1 July 2014 to 30 June 2015. For systems installed on and after 1 July 2015, eligible SGUs will be able to generate 1 REC for each MWh of eligible generation.
 
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