The amount of the rebate depends on the size of the solar power system and the market price of the Small-scale Technology Certificates (STCs). STCs are created for each megawatt-hour of eligible renewable electricity generated by the system and can be sold or traded to help offset the cost of the system.

April 6, 2024by Luke0

The Rebate is typically calculated based on the number of STCs that can be generated over the lifetime of the Solar power system, with the Rebate amount increasing as the system size and STC price increase.

For example, a 5kW Solar power system may generate a certain number of STCs over its lifetime, which can then be sold or traded at the current market price. The Rebate amount would be the equivalent of the value of these STCs, which can help reduce the upfront cost of installing the system.

It’s important to note that the Rebate amount can vary depending on government policies and incentives, so it’s recommended to check with your local authorities or Solar installer for the most up-to-date information on available rebates for Solar power systems.

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