The value of the rebate depends on various factors such as the size of the solar system, its location, and the current market price of STCs. The rebate is typically applied as a discount on the upfront cost of the solar system, reducing the out-of-pocket expenses for the consumer.

April 8, 2024by Luke0

In Australia, the government offers rebates for Solar power systems through the Small-scale Renewable Energy Scheme (SRES). This scheme provides financial incentives in the form of Small-scale Technology Certificates (STCs) for eligible Solar power systems.

STCs are generated based on the amount of renewable energy the system is expected to produce over its lifetime. The number of STCs a Solar system is eligible for is determined by factors such as its size, location, and the current market price of STCs.

The value of an STC can fluctuate depending on market conditions, so the Rebate amount can vary. However, the Rebate can often cover a significant portion of the upfront cost of installing a Solar power system, making it a more affordable option for consumers.

It’s important to note that the Rebate amount is subject to change, so it’s recommended to speak with a qualified Solar provider to get the most up-to-date information on available rebates and incentives.

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