The amount of rebate you can receive depends on factors such as the size of the solar system, its location, and the current market price of STCs. The number of STCs you are eligible for is calculated using the system’s size and location, and the amount of electricity it is expected to generate.

April 10, 2024by Luke0

The STCs are then sold on the open market, with the price fluctuating based on supply and demand. The Rebate you receive is the value of the STCs at the time of installation, which can vary. The higher the number of STCs your system is eligible for, the larger the Rebate you will receive.

It’s important to note that the Rebate is applied as an upfront discount on the cost of your Solar system, reducing the initial out-of-pocket expenses. This can make Solar power more affordable for many homeowners and businesses looking to make the switch to renewable energy.

To ensure you receive the maximum Rebate possible, it’s recommended to work with a reputable Solar installer who can help navigate the Rebate process and ensure you are getting the best deal on your Solar system. Additionally, staying informed about changes in the STC market can help you time your installation to maximize your Rebate.

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