The number of STCs generated depends on factors such as the size of the Solar panel system, its location, and the amount of renewable energy it is expected to produce over its lifetime. The value of STCs can fluctuate based on market conditions, but they can typically cover a significant portion of the cost of a Solar panel system.
To be eligible for STCs, the Solar panel system must be installed by a Clean Energy Council-accredited installer, meet Australian Standards, and be connected to the electricity grid. The number of STCs generated is also subject to the Small-scale Renewable Energy Scheme (SRES) regulations, which set limits on the number of certificates that can be created each year.
Overall, the STC Rebate is a valuable incentive for homeowners and businesses looking to invest in Solar energy, as it helps offset the initial cost of installation and promotes the use of renewable energy sources.
