Combet announces phase-out of solar credit mechanism

The federal government will phase out the solar credit mechanism in January 2013, six months ahead of schedule, a move that is expected to lower the cost of electricity and curtail a potential oversupply in renewable energy certificates.

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Read more: SRESGreg Combetsolar credit mechanismCOzeroMinistr for Climate Change and Energy EfficiencyNick ArmstrongSmall Scale Renewable Energy Scheme