Off-Grid Government Rebates and Incentives | Off-Grid Energy Stuff

Off-Grid Government Rebates and Incentives

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Current Rebates and Incentives

STCs. Small Scale Technology Certificates

 

 

All solar panel installations in Australia are subsidized by the Federal Government’s STCs incentive (Small-scale Technology Certificates) which offset the cost for your system. There are two ways this incentive can affect the cost of your future Off Grid system.

1. Under the Small-scale Renewable Energy Scheme, small-scale technology certificates are calculated based on system location, installation date, and the amount of electricity generated over the course of its lifetime – which is referred to as the deeming period. As the Small-scale Renewable Energy Scheme will end in 2030, the standard 15 year deeming period for a solar PV system started to be reduced 1st January 2017 to 14 years, and each following year, until the closure of the scheme in 2030. This will reduce the number of small-scale technology certificates that can be created for an eligible system. The reduced amount of STCs from 1st January represents a 6% drop.

2. The value of each STC is based on supply and demand. Due to this, the STC market is from time to time subject to volatility which effects the value of each STC.

NOTE: The solar panels, inverters and chargers must be on the Clean Energy Council’s (CEC’s) approved list of Off-Grid solar power systems and the installations must be done by a CEC accredited Off-Grid installer.


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