Small-scale Technology Certificates (STCs): This rebate is available for small-scale solar power systems with a capacity of up to 100 kilowatts. Under the STC scheme, solar panel owners can receive a certain number of certificates based on the amount of electricity their system is expected to generate over a 15-year period. These certificates can then be sold to electricity retailers, who are obligated to purchase a certain number of them each year. The value of STCs can vary depending on market conditions and is usually deducted from the upfront cost of the solar system.

March 30, 2024by Luke0

STCs are a financial incentive designed to make Solar power more affordable for homeowners and businesses. By providing a Rebate that reduces the initial cost of installing a Solar system, the government aims to encourage more people to invest in renewable energy and reduce their reliance on fossil fuels.

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 number of STCs that can be claimed for a system depends on factors such as the location of the installation, the size of the system, and the date of installation.

Overall, STCs can significantly reduce the cost of installing a Solar power system and provide a financial incentive for individuals and businesses to invest in clean energy technology. By taking advantage of this Rebate, homeowners and businesses can not only save money on their electricity bills but also contribute to reducing greenhouse gas emissions and combating climate change.

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