GreenDeal Next-Day Payment Promotion Explained - FAQs

1. What is the GreenDeal Next-Day Payment Promotion?

The GreenDeal Next-Day Payment Promotion reflects our commitment to: Fast Approval. Faster Payment.

When your job ticks all the boxes on GreenDeal’s compliance checklist, we’ll process and release payment the very next business day — helping to reduce delays and ease your cash flow.

2. How are payments made?

You can choose between two payment options:

  • Cash Payment Payment is transferred directly to your nominated bank account.
  • Credit Note Credit is applied to your OSW account.

3. Is there a weekly payment limit?

Yes. Payments under the next-day payment promotion are capped at $100,000 per customer per week (including both cash and credit payments). This applies no matter how many jobs are approved that week. We review the cap weekly and may adjust it if needed.

Jobs approved by the CER are paid at the full STC rate on the next business day and are not subject to the $100,000 weekly payment cap.

4. Are there system size limitations?

Yes. The next-day payment promotion is limited to battery systems under 30 kWh usable capacity per job.

5. What products are eligible?

All products (solar, inverters, and batteries) listed on the Clean Energy Council (CEC) approved product list are eligible.

For batteries to be eligible, they also need to be VPP-capable.

6. What’s the difference between the OSW Inventory and Non-OSW Inventory rates?

  • OSW Inventory Rate applies when products are purchased through OSW.
  • Non-OSW Inventory Rate applies when products are sourced from other suppliers.

Only installations using OSW-dispatched stock are eligible for the OSW Inventory rate. Speak to your Customer Success Manager for OSW purchasing options.

7. Does this apply to installations before 1 July 2025?

Yes — but here’s how it works:

  • Installations before 30 June 2025 are paid at the Non-OSW Inventory Rate (cash or credit).
  • OSW Inventory Rate kicks in from 30 June 2025, and only applies to products purchased and dispatched through OSW.

8. What is the “Creation Fee”?

This is the fee charged by the Clean Energy Regulator (CER) for each STC created. It’s currently $0.47 per STC.

9. What if the CER approves my job before GreenDeal pays out?

If the CER approves your job before GreenDeal processes your payment, you’ll receive $40 per STC (or the amount CER reimburses).

We’ll top up any difference in rates via cash or credit, so you still get your full rate.

10. Are the rates inclusive of GST?

No. All rates shown are exclusive of GST.

GreenDeal Standard Payment Explained - FAQs

1. When can I expect to be paid under the Standard Payment?

When your job ticks all the boxes on GreenDeal’s compliance checklist, we’ll submit it to the Clean Energy Regulator (CER) for approval.

As soon as the CER reviews and approves the submission, the STCs will be paid out to you on the next business day.

Note : GreenDeal has no control over the CER’s approval or payment timelines, and as such, the time it takes to receive approval and payment may vary.

2. How are payments made?

You can choose between two payment options:

  • Cash Payment Payment is transferred directly to your nominated bank account.
  • Credit Note Credit is applied to your OSW account.

3. Is there a weekly payment limit?

No, all jobs approved by the CER are paid at the full STC rate on the next business day and are not subject to any weekly payment cap.

4. Why is there a “Creation Fee” when you advertise there is ZERO admin fees?

The creation fee of $0.47 per STC is the fee charged by the CER for each STC created. GreenDeal does not impose a separate admin fee for processing your battery STC claims.

5. Are there installation and system size limitations?

The installation and system size limitations are as per the Cheaper Home Batteries Program limitations.

6. What products are eligible?

All products (solar, inverters, and batteries) listed on the Clean Energy Council (CEC) approved product list are eligible.

For batteries to be eligible, they also need to be VPP-capable.

7. Does this apply to installations before 1 July 2025?

Yes, all jobs installed (but not commissioned) before 1 July will qualify when the Program launches on 1 July 2025.

*During the period of 1 July to 1 August 2025, battery systems that are “ready to commission” can be commissioned and signed off within one of the prescribed limits as follows:

  • 2 solar systems
  • 2 battery systems
  • One solar system and one battery system
  • One solar system and two “ready to commission” battery systems
  • One battery system and two “ready to commission” battery systems
  • 4 “ready to commission” battery systems

8. Are the rates inclusive of GST?

No. All rates shown are exclusive of GST.

GreenDeal reserves the final right to interpret these trading terms.