Under the SRES, homeowners and businesses can receive a rebate in the form of Small-scale Technology Certificates (STCs), which can be sold or traded to offset the upfront cost of installing solar panels. The number of STCs received depends on the size of the solar system and its location, as well as the amount of electricity it is expected to generate over its lifetime.

March 18, 2024by Luke0

STCs are calculated based on the amount of electricity the system is expected to generate over a 15-year period, known as the deeming period. The Clean Energy Regulator sets the deeming period based on the expected lifetime of the Solar panels and the amount of electricity they are expected to produce.

The number of STCs received also depends on the location of the Solar system, as some areas receive more sunlight than others, resulting in higher electricity generation. The Clean Energy Regulator assigns different zones across Australia, with each zone having a different multiplier applied to the amount of electricity generated by the system.

Overall, the Rebate provided by STCs can significantly reduce the upfront cost of installing Solar panels, making it more affordable for homeowners and businesses to switch to renewable energy. Additionally, the ability to sell or trade STCs provides an additional financial incentive for investing in Solar power systems.

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