Government Incentives and Rebates
To encourage individuals and businesses to use renewable sources of energy, there are government incentives and rebates available for solar. As such, you may be eligible for a one-off upfront financial incentive when purchasing solar PV. Further, the state government may also offer you a feed-in tariff, which is a regular payment for the electricity your produce. A SolarHub representative will explain regulations, and available incentives during your consultation.
Small-Scale Technology Certificates
You may be eligible for federal government financial incentives in the form of Small-Scale Technology Certificates (STC’s) if you decide to invest in solar PV. STC’s are a commodity that are traded on the STC market and are deducted from the total system value when we provide you with a quote. Prices of STC’s constantly vary depending on factors such as supply and demand. This consequently affects the prices of systems at different times of the year. However, STC’s should be available to you if you comply with the following.
- You are installing a solar photovoltaic system on your home or business
- The system complies with Australian standards and certified by the Clean Energy Council
- An accredited CEC installer installs the system
Your electricity payments are dependant on numerous factors. This includes the area you live in, your current utility company and electricity plan. During your first on-site consultation a SolarHub consultant will look at your most recent electricity bill to determine how much you can expect saved. The following table can be used as an initial guide:
|State||Utility Company offering highest rate||Residential Customer Rate||Business Customer Rate||Arrangement|
|ACT||ActewAGL||7.5c / kWhr||POA||Nett FIT (Wholesale rate)|
|NSW||Orgin Energy||6c / kWhr||POA||Nett FIT (Wholesale rate)|