Solar rebates come in three forms:
- Federal rebates: i.e. Small-scale Technology Certificates (STC) which are available in all states.
- State based rebates: Available in some states from time to time and may be means tested (you can email firstname.lastname@example.org for more details).
- Feed in tariffs: Different tariffs are offered by different retailers.
Small-Scale Technology Certificate (STC) rebate
Currently, all solar systems are eligible for an STC rebate which is calculated using four factors.
Factor 1: The total size of your system in kW
i.e. you have a 10 kW of panels and an 8.2 kW inverter your system size is considered 10 kW
Factor 2: The Zone you are in
Australia is divided into four solar zones.
To find out which zone your postcode is in click this link.
Factor 3: The STC multiplier based on the year in which you install your solar system
The STC multiplier is a factor worked out based on what year you install your solar system and is as follows:
Factor 4: The price of STCs
STCs can be priced through the Government's STC clearing house or on the open market at places like Green Energy Markets.
As an example say that you are installing 10 kW of panels, in Zone 1 in 2020 and the current price of an STC is $35 your STC rebate would then be:
STC rebate = 10 x 1.622 x 11 x 35 = $6,244.70
This would appear as a $6,244.70 discount off the total cost of your solar system.
State specific rebates and Feed in Tariffs (FiT)
If you want to find out the currently available up-front rebates or Feed in Tarrifs (i.e. the amount you are paid for feeding power back into the grid) you can always email us at email@example.com for more details.
The following is a list of state government entities that manage state based solar incentive schemes: