A new green certificate (GC) mechanism aimed at opening up renewables to low income households has been adopted by the government of Wallonia, Belgium.
The Wallonia government hopes the newly approved “Qualiwatt” certificate, which supersedes the “Solwat” GC , will simplify and speed up administrative procedures as well as decrease the cost of renewables installations.
As part of the new GC mechanism, the government is also adopting a “made in Europe” bonus for solar panels and a new standardised contract and insurance policy to ensure the protection of consumers from illegal installers.
In a bid to support the solar industry in Wallonia the government wishes to ensure that customers receive an attractive rate of return on panels and limit the impact of rising electricity bills due to the extra costs incurred through the use of renewables.
According to the government, with the new programme homeowners with a low income will be able to have a return on investment in seven years with a 7% annual rate of return over a period of 20 years, while those with a middle income will have a return in eight years with a 5% annual rate of return. Homeowners with high income will have a have their investment returned in nine years and a 4% annual rate of return.
The new law will come into effect after having been reviewed by the State Council and the local regulator of energy and gas (CwaPE).