The value of STCs fluctuates based on market demand, but they can significantly reduce the upfront cost of installing a Solar system. Customers can either assign their STCs to a registered agent in exchange for a discount on the system’s price, or they can sell them on the open market to recoup some of the installation cost.
In addition to the SRES, some states and territories in Australia also offer additional rebates or incentives for Solar power systems. For example, the New South Wales government has a Solar Homes program that provides rebates for eligible households looking to install Solar panels.
It’s important for consumers to research and understand the available rebates and incentives before investing in Solar power to ensure they maximize their financial benefits.
