Federal government solar incentives differ from solar rebates as they’re nationwide.
Through the Small-Scale Renewable Energy Scheme, homeowners installing solar are eligible for Small-scale Technology Certificates (STCs).
STCs see the federal government pay homeowners upfront for a system’s expected power generation up to the year 2030.
STCs are calculated the total size of a solar system, including the number of solar panels and wattage of each panel along with the rating of the solar zone a homeowner lives in.
Generally, STCs are paid as an upfront discount on the price of the solar solution and are calculated based on the amount of electricity a system produces, the date of installation and location.
As a guide, one certificate is equal to one megawatt-hour of eligible renewable electricity either generated or displaced by the system.
Need more guidance on government incentives? Your B.Solar Advisor can help. Book phone consultation