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Solar Credit legislation deferred until at least August 2009

This morning the Renewable Energy Target bill, under which the Solar Credits Scheme was due to operate, was deferred until at least August 2009. This was the result of a motion to refer the bill to committee by Family First Senator Stephen Fielding, which was supported by the coalition and Senator Nick Xenephon. Labor and the Greens opposed the motion.

Consequently, there will be continuing uncertainty regarding the passage of the RET bill, and the Solar Credit Scheme in particular.

Solar Choice will post further information as it comes to hand.

© 2009 Solar Choice Pty Ltd