In Australia, homeowners and businesses can take advantage of solar rebates offered by the government in the form of Small-scale Technology Certificates (STCs). STCs are a type of financial incentive that can help offset the upfront cost of installing a solar power system.

March 30, 2024by Luke0

STCs are created when a Solar power system is installed, based on the amount of renewable energy it is expected to produce over its lifetime. The number of STCs generated depends on factors such as the location of the system, its size, and the current market price of STCs.

Homeowners and businesses can sell these STCs to electricity retailers, who are required by law to buy a certain number each year to meet their Renewable Energy Target obligations. This creates a market for STCs, which helps to reduce the cost of installing Solar power systems for consumers.

To be eligible for STCs, the Solar power system must be installed by a Clean Energy Council accredited installer and meet certain technical requirements. The amount of the Rebate will vary depending on the size of the system and the location of the property.

Overall, STCs can be a valuable incentive for homeowners and businesses looking to invest in Solar power and reduce their electricity bills. By taking advantage of the rebates available, consumers can make the switch to clean, renewable energy more affordable and accessible.

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