The main rebate available under the SRES is called Small-scale Technology Certificates (STCs). When you install a solar panel system, you are eligible to create STCs based on the amount of renewable energy the system is expected to generate over a 15-year period. These STCs can then be sold to electricity retailers, who are required by law to purchase a certain amount of them each year. The value of STCs fluctuates based on supply and demand.

March 17, 2024by Luke0

To be eligible for STCs, the Solar panel system must be installed by a Clean Energy Council-accredited installer and meet certain quality and performance standards. The number of STCs that can be created depends on factors such as the size of the system and the location of installation.

The process of creating and selling STCs can be complex, so many Solar panel system installers offer to handle this process for you. They will deduct the value of the STCs from the total cost of the system, providing you with an upfront discount on the installation.

Overall, the STCs Rebate is a significant financial incentive for homeowners to install Solar panel systems, making renewable energy more affordable and accessible. By taking advantage of this Rebate, you can not only save money on your electricity bills but also contribute to reducing greenhouse gas emissions and combating climate change.

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