There are two main types of solar rebates available in Australia: Small-scale Technology Certificates (STCs) and Solar Feed-in Tariffs (FiTs).

March 14, 2024by Luke0

STCs are a form of financial incentive for installing small-scale renewable energy systems, such as Solar panels. The number of STCs awarded is based on the amount of electricity the system is expected to produce over its lifetime, as well as the location and installation date of the system. These certificates can be sold to electricity retailers or other entities, providing a discount on the upfront cost of the system.

FiTs, on the other hand, are payments made by electricity retailers to customers for the excess electricity generated by their Solar system that is fed back into the grid. The rate at which FiTs are paid can vary depending on the state or territory, as well as the electricity retailer.

Both STCs and FiTs can help reduce the cost of installing and operating a Solar system, making renewable energy more accessible and affordable for households and businesses in Australia.

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