There is a lot of confusion around the solar rebates… and that’s probably because they have changed many times.
While we don’t control any of the rebates – and they aren’t actually called rebates – we can help you navigate and understand what is available to you as a consumer installing solar for your home.
Small-scale Renewable Energy Scheme
In order to help achieve the government’s renewable energy targets, the Small-scale Renewable Energy Scheme was established.
The scheme encourages the installation of renewable energy systems, including solar panels. The amount that you receive via the scheme depends on the size of your system, your location and the expected energy output over a certain timeframe.
Small Scale Technology Certificates (STCs)
The Small-scale Renewable Energy Trading Scheme comes in the form of Small Scale Technology Certificates – STCs – for eligible systems.
STC values aren’t fixed – they fluctuate based on various factors – similar to the stock market. We can help you to calculate the value of the STCs eligible for your solar system installation based on the relevant factors. But we usually like to think of STCs as contributing to the installation costs of your system.
While feed-in tariffs aren’t necessarily a rebate, they are essentially money back in your pocket.
If you create more energy from your solar system than your household needs – and you don’t have a solar battery to store that excess energy – you can feed the excess back to the grid and receive a tariff in the form of credit on your energy bill.
The amount you will receive depends on your energy company, so it is best to contact them to ask what they pay and to shop around to get a good deal!
Take the next step
If you are ready to install solar on your roof and learn more about the incentives available, contact us to book a free assessment.
At that assessment, we can take you through the potential savings you will make with your solar system and explain how STCs and feed-in tariffs will work in your situation.