STCs can be sold to electricity retailers, who are required by law to purchase a certain number of these certificates each year. The value of STCs fluctuates depending on market demand, but they can significantly reduce the cost of a solar power system. Additionally, some states and territories in Australia also offer additional rebates and incentives for solar installations.

May 21, 2024by Luke0

Furthermore, businesses and homeowners who install Solar power systems can also benefit from lower electricity bills and potentially even receive payments for excess electricity generated that is fed back into the grid. This not only helps reduce energy costs but also reduces reliance on non-renewable energy sources, leading to a more sustainable and environmentally-friendly energy system.

Overall, the various financial incentives and benefits of Solar power installations in Australia make it a smart investment for both individuals and businesses looking to save money, reduce their carbon footprint, and contribute to a more sustainable energy future.

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