The amount of STCs that a system is eligible for depends on factors such as the size of the system and its location, with more STCs being awarded for larger systems in areas with higher levels of Solar radiation. The value of STCs can also fluctuate based on market conditions.
In addition to the SRES, some states and territories in Australia also offer additional rebates and incentives for Solar power installations. For example, the New South Wales government has the Solar Homes Program, which provides rebates for eligible households looking to install Solar panels.
Overall, Solar rebates can help make the upfront cost of installing a Solar power system more affordable for homeowners and businesses, while also helping to reduce greenhouse gas emissions and reliance on fossil fuels.
