The amount of STCs received depends on the size of the Solar system installed and its location, with more certificates awarded for systems in areas with higher Solar radiation levels. The value of STCs can fluctuate depending on market conditions and government policies, but they can significantly reduce the upfront cost of going Solar.
In addition to the SRES, some states and territories in Australia offer additional rebates and incentives for Solar installations. For example, the Victorian government offers the Solar Homes Program, which provides rebates for Solar panel installations on eligible homes. Similarly, the New South Wales government offers the Empowering Homes Program, which provides interest-free loans for Solar battery systems.
Overall, Solar rebates and incentives in Australia make it more affordable for homeowners and businesses to install Solar panels and reduce their reliance on grid electricity. These programs not only help reduce greenhouse gas emissions and combat climate change but also help lower energy bills and increase energy independence.
