The amount of rebate you can receive depends on several factors, including the size of the solar system, its location, and the market value of STCs at the time of installation. The rebate is usually deducted from the upfront cost of the solar system by the installer or retailer.

April 7, 2024by Luke0

In Australia, the Rebate for Solar panel installations is called the Small-scale Renewable Energy Scheme (SRES) and is provided in the form of Small-scale Technology Certificates (STCs). The number of STCs you receive is based on the amount of electricity the system is expected to generate over its lifetime, which is determined by factors such as the size of the system, its location, and its efficiency.

The market value of STCs can fluctuate based on supply and demand, so it’s important to consider this when calculating the Rebate you may receive. The installer or retailer will typically handle the process of creating and selling the STCs on your behalf, so you don’t have to worry about it.

It’s recommended to get multiple quotes from different installers to compare the upfront cost of the Solar system after the Rebate has been deducted. This will help you determine the best deal for your specific situation. Additionally, it’s important to check if the installer is accredited by the Clean Energy Council to ensure they meet industry standards for quality and safety.

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