Factors that can affect the amount of the Rebate include the size of the Solar system, the location of the installation, the current market price of STCs, and any state or local government incentives or rebates.
For example, a larger Solar system that generates more electricity over its lifetime will be eligible for more STCs, which will result in a higher Rebate. Additionally, installations in areas with higher levels of sunlight will generate more electricity and therefore more STCs, leading to a higher Rebate.
It’s important to note that the Rebate amount can fluctuate due to changes in the market price of STCs, so it’s a good idea to monitor these prices and take advantage of rebates when they are at their highest. Additionally, some states or local governments may offer additional incentives or rebates to encourage the installation of Solar systems, so it’s worth checking to see what is available in your area.
