New South Wales: In New South Wales, homeowners can access the Small-Scale Technology Certificates (STCs) scheme, which provides upfront discounts on the purchase of solar panel systems. The exact rebate amount depends on the size and location of the system.

January 13, 2024by Luke0

The Small-Scale Technology Certificates (STCs) scheme is a government initiative designed to encourage the installation of small-scale renewable energy systems, such as Solar panels, in Australia. Under this scheme, homeowners in New South Wales can receive upfront discounts on the purchase of Solar panel systems.

The Rebate amount offered through the STCs scheme depends on several factors, including the size and location of the Solar panel system. The scheme assigns a specific number of STCs to each system based on its estimated energy generation over a 15-year period.

The value of each STC is not fixed and can fluctuate based on market demand. Homeowners can sell their STCs to registered agents, who then sell them to liable entities, such as electricity retailers, who are required to purchase a certain number of STCs each year to meet their renewable energy obligations.

To claim the Rebate, homeowners need to ensure that their Solar panel system is eligible for the STCs scheme and is installed by a Clean Energy Council (CEC) accredited installer. The installer will provide the necessary paperwork and assist with the creation and sale of the STCs.

It is important to note that the STCs Rebate is separate from the New South Wales government’s Solar feed-in tariff, which allows homeowners to receive credits on their electricity bills for excess Solar energy exported to the grid.

Overall, the STCs scheme in New South Wales provides homeowners with an opportunity to reduce the upfront cost of installing Solar panel systems and make renewable energy more accessible and affordable.

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