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

March 10, 2024by Luke0

STCs are a form of financial incentive for individuals or businesses to install small-scale renewable energy systems, such as Solar panels. The number of STCs received is determined by the size of the system and the location of installation. These certificates can be sold to electricity retailers or other parties to offset the upfront cost of installing the system.

FiTs, on the other hand, are payments made by electricity retailers to customers who generate excess electricity from their Solar panels and feed it back into the grid. The rate of FiTs can vary depending on the state or territory, and can be either a flat rate or a variable rate based on the time of day.

Both STCs and FiTs can help make Solar energy more affordable for consumers and encourage the uptake of renewable energy technologies in Australia.

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