These STCs can be traded on the open market or sold to a registered agent, providing a financial incentive for installing Solar panels. The number of STCs received is based on the amount of electricity the system is expected to generate over its lifetime, as well as the location and installation date of the system.
In addition to the SRES, some state governments also offer additional rebates and incentives for Solar panel installations. For example, the New South Wales government offers the Solar Homes program, which provides rebates for eligible households to install Solar panels or battery storage systems.
Overall, the availability and amount of rebates and incentives for Solar panels in Australia can vary depending on location and individual circumstances. It’s recommended to research and consult with Solar installers to determine the best options for maximizing savings on Solar panel installations.
