The rebate is in the form of Small-scale Technology Certificates (STCs), which are created when a solar system is installed. These certificates can then be sold to electricity retailers, who are required to purchase a certain number of certificates each year.

February 20, 2024by Luke0

The value of STCs fluctuates depending on market conditions, but generally, the more efficient and larger the Solar system, the more certificates it will generate and the higher the Rebate will be. This helps to offset the upfront cost of installing Solar panels and makes Solar energy more affordable for homeowners and businesses.

The STC Rebate scheme is designed to encourage the uptake of renewable energy sources like Solar power, which helps to reduce greenhouse gas emissions and combat climate change. By making Solar energy more accessible and affordable, the Rebate scheme plays a crucial role in Australia’s transition to a more sustainable and environmentally friendly energy system.

Overall, the STC Rebate scheme is a win-win for both consumers and the environment, providing financial incentives for installing Solar panels while also helping to reduce carbon emissions and promote clean energy generation.

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