SolarSpec has announced changes to the STC price from 2nd May 2012. They will review their STC price down to $25.50.

For more information, read SolarSpec's letter to customers by clicking on Continue Reading below.

SolarSpec has announced changes to the STC price from 1st April 2012. They will review their STC price down from $30 to $28 which will apply from April 1.

For more information, read SolaSpec's letter to customers by clicking on Continue Reading below.

SolarSpec has advised of a recall of ISO-MAX Isolators by Eltech Industries. Eltech Industries has released the following important notice regarding their ISO-MAX Isolators.

The Federal Government recently announced that the Solar Credit Multiplier would change from 5 to 3 as of July 1 2011. This caused a huge spike in sales across the industry as everyone rushed to install solar to meet the July 1 deadline. As a result there will be a large surplus of STCs in the market for some time after July 1 keeping STC open market prices low.

In order to remain viable SolarSpec will adjust the STC offer to $27 effective Monday May 30. This will apply to all orders placed from and including May 30, 2011. This is still above current market rates of around or below $25.

Due to the government changes initiated last week dropping the solar credit from a five times multiplier to a three times multiplier, SolarSpec has experienced a 500% surge in order volume over the last two weeks as contractors rush to get orders placed in time to meet the June 30 deadline.

The Minister for Climate Change and Energy Efficiency, Greg Combet, today announced adjustments to the Solar Credits arrangements in light of continued strong growth in the industry, the impact of this on electricity prices, and the impact of the Solar Credits support on demand for other clean energy technologies such as solar hot water heaters.

Currently the market for STC’s (Small-scale Technology Certificates) is experiencing pressure due to the change in the STC multiplier that comes into effect from the end of June 2011.This combined with State Government change has led to a spike in demand for installations that has in turn brought about an excess of STC’s being created.

We use energy every day. It's essential for running our businesses, our economy and our lives.