SMALL-SCALE TECHNOLOGY CERTIFICATES
When you install a solar PV system you may be eligible for federal government financial incentives in the form of Small-Scale Technology Certificates (STC’s). These STC’s are generated for every megawatt hour of eligible renewable energy and are traded on the STC market.
AM I ELIGIBLE?
A SolarHub representative can guide you if you’re uncertain, however STC’s should be available for you if you comply with the following:
- You are installing a solar PV system on your home or business
- The system complies with Australian standards and certified by the Clean Energy Council
- Installed by an accredited CEC installer
HOW MANY STCs AM I ELIGIBLE FOR
SolarHub calculate how many STC’s you will be eligible for at the time of quoting. This information is then presented to you as an upfront discount in your SolarHub quote. This STC calculation is based off the following:
- Current STC trading price
- Size of your system
- Rating of the solar zone the installation is completed
- Number of years remaining in the STC scheme
HOW DO I KNOW THE CURRENT STC TRADING PRICE
Prices of STC’s fluctuate dependent on various factors including supply and demand. This will affect the prices of systems throughout the year. Because SolarHub presents your STCs as an upfront discount if you choose to accept your quote this STC price is fixed.
HOW MUCH LONGER WILL THIS BE OFFERED
The STC incentive is expected to end on the 31st December 2030. Each year until that date the incentive is reduced in value by one-fifteenth.
WHAT PAPERWORK DO I NEED TO DO
SolarHub look after all the necessary forms for your installation, however we require you to sign some paperwork at completion of your installation. This ensures we can offer the STC as an initial upfront discount to you.
WHAT IF I WANT TO KNOW MORE
Contact one of our sales staff to discuss more.