The number of STCs that a Solar system is eligible for depends on factors such as the location, size, and efficiency of the system. These STCs can be sold to electricity retailers, who are required by law to buy a certain number of STCs each year. The price of STCs can vary depending on supply and demand, which affects the overall Rebate amount.
In addition to the federal Rebate, many states and territories in Australia also offer their own Solar rebates and incentives. These can include additional financial incentives, such as feed-in tariffs or grants, to encourage the installation of Solar systems.
It’s important to note that the availability and amount of Solar rebates can change over time, as government policies and funding allocations may be adjusted. It is advisable to check with local government authorities or reputable sources for the most up-to-date information on Solar rebates in your specific area.