The amount of the rebate depends on the size of the solar system and its location. The value of STCs is determined by factors such as the system’s capacity, its location, and the market price of STCs at the time of installation. The number of STCs received decreases over time as the government gradually phases out the program.

April 8, 2024by Luke0

For example, a 5kW Solar system installed in Melbourne may receive a different Rebate amount compared to the same system installed in Sydney. Additionally, the value of STCs can fluctuate based on market conditions, so it is important to consider these factors when calculating the total Rebate for a Solar installation.

It is recommended to consult with a qualified Solar installer or government website to determine the exact Rebate amount for a specific Solar system. By taking advantage of the government rebates and incentives available, homeowners can significantly reduce the upfront costs of installing a Solar system and enjoy long-term savings on their energy bills.

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