STCs (Small-scale Technology Certificates) are a form of government incentive designed to encourage the installation of renewable energy systems, such as Solar panels. The value of STCs is determined by supply and demand in the market, as well as government policy changes.
In recent years, the value of STCs has fluctuated due to changes in government policy and market conditions. However, as of 2021, homeowners can typically expect to receive a Rebate of several thousand dollars for a standard residential Solar panel installation. This Rebate helps offset the upfront cost of installing Solar panels and makes renewable energy more affordable for homeowners.
It’s important for homeowners to research current STC prices and incentives in their area before investing in Solar panels. Working with a reputable Solar installer can also help homeowners navigate the process of claiming STCs and maximizing their Rebate.
