The value of STCs fluctuates, as it is determined by supply and demand in the market. The rebate can significantly reduce the upfront cost of installing a solar system, making it more affordable for consumers.

May 13, 2024by Luke0

STCs, or Small-scale Technology Certificates, are a form of government incentive for renewable energy systems, such as Solar panels. These certificates are created for every megawatt-hour of electricity generated by an eligible system and can be sold on the open market.

The value of STCs is influenced by factors such as the current price of electricity, the cost of Solar panels, government policies and regulations, and the overall demand for renewable energy systems. As these factors change, so too does the value of STCs.

The Rebate provided by STCs can make a significant impact on the cost of installing a Solar system. By selling these certificates, homeowners can reduce the overall cost of their system, making it more financially viable for them to invest in renewable energy.

Overall, the fluctuating value of STCs can make it challenging to predict exactly how much of a Rebate a homeowner will receive. However, the availability of this incentive can help make Solar power more accessible and affordable for consumers, ultimately contributing to the growth of renewable energy usage in Australia.

Share on:

Leave a Reply

Your email address will not be published. Required fields are marked *