STCs are a form of financial incentive to encourage the installation of Solar power systems and reduce greenhouse gas emissions. The value of STCs can vary depending on market conditions and government policies, so it’s important to check with a qualified Solar installer or renewable energy provider to understand how much you could potentially receive in rebates.
To claim STCs, you will need to ensure that your Solar power system meets the eligibility criteria set by the Clean Energy Regulator. This typically includes using approved Solar panels and inverters, as well as having the system installed by a Clean Energy Council-accredited installer.
It’s also worth noting that STCs are subject to a deeming period, which means that the value of STCs may decrease over time as the Renewable Energy Target (RET) scheme progresses. Therefore, it’s important to act quickly and take advantage of available rebates before they potentially decrease.
Overall, STCs can provide a valuable financial incentive for homeowners and small businesses looking to invest in Solar power systems. By understanding how STCs work and staying informed about government policies and market conditions, you can make the most of these rebates and make the switch to clean, renewable energy.