The value of STCs fluctuates depending on market demand and other factors, but they can significantly reduce the cost of installing solar panels. The amount of the rebate will also depend on the size and efficiency of the solar system, as well as the location and the amount of sunlight it receives.

May 8, 2024by Luke0

In general, the more STCs a Solar system is eligible for, the higher the Rebate will be. This can make a significant difference in the overall cost of installing Solar panels, making them a more affordable option for many homeowners and businesses.

It’s important to note that STCs are not a direct cash Rebate, but rather a form of financial incentive that can be used to offset the cost of purchasing and installing a Solar system. The value of STCs is calculated based on the amount of renewable energy the system is expected to produce over its lifetime, and is typically paid out to the installer of the system who can then pass on the savings to the customer.

Overall, STCs can be a valuable incentive for those looking to invest in Solar energy, making it a more cost-effective and environmentally friendly option for generating electricity.

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