STC's CAN SAVE YOU MONEY!
The Small-scale Renewable Energy Scheme (STCs) scheme is a government initiative which aims to encourage an increase in the amount of electricity generated from renewable sources. When you purchase an eligible solar power, solar hot water or wind power system, you receive a number of STCs depending on your system’s size and your location. GEA Solar Pty Ltd will complete all the paperwork on your behalf,
to reduce your out of pocket expenses.
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REBATES / SOLAR CREDITS
Small-scale Technology Certificates (STCs)
Small-scale Technology Certificates (STCs) are part of a federal government program called the Small-scale Renewable Energy Scheme (SRES). STCs have been created to give you a financial incentive to install installations such as solar water heaters, heat pumps or solar panels in your home or business.
One small-scale certificate is generally equivalent to the output of 1MWh of renewable energy. When an eligible technology is installed, STCs can be created either by the system owner (you) or by the installer. It is important to remember that the STCs you receive have no worth unless you choose to sell them. Traditionally, many people have given their installer the permission to trade their certificates for them and in exchange accept the point of sale price.
GEA Solar Pty Ltd completes all the paperwork required for you to receive a payment for your STC’s. We use Greenbank Environmental for all our rebates. Greenbank Environmental is Australia’s largest, independent environmental trader in Australia. They are also extremely reliable and efficient.
As the price for STC’s changes frequently, check out Greenbank Environmentals calculater to work out how much money you can still receive for your solar installation.
Renewable Energy Target
Click here for a link to the Australian Government – Clean Energy Regulator for information on the Renewable Energy Target (RET).
More infomation can also be found here:
Why do Solar Credits Vary?
The number of Solar Credits (STC's) created for a system will depend on the amount of renewable energy the system generates. A solar PV system in Adelaide, Brisbane, Newcastle, Sydney, Perth, will create the same number of RECs and will therefore receive the same amount of support. Further south, the same sized system installed in Melbourne or Hobart will receive fewer STCs as these areas have less sunshine so less renewable energy is produced.