With healthy rebates still available, 2019 is great time to Go Solar!

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A generous rebate in the form of Small Technology Certificates is available to all Australian homeowners who install solar and is worth around $650 per Kw of panels you install. So, for example, if you install 7kW worth of panels on your roof, you’ll receive around $4,176 towards the cost of your system.

With Australian power prices now amongst the highest in the world, solar is the best tool available to reduce your bills and generate clean, green and free energy on your roof.

  • How much is the STC rebate worth today?

    • The current Small Technology Certificate (STC) rate is $34, which accumulates to $3,000 - $4,250 of rebates for a 5kW-7kW Solar PV System. Depending on the size of the Solar PV System the rebate will vary. Each year the STC rate is lowered meaning the rebate you receive could be reduced and eventually eliminated. Get in whilst rebate rates are high!
    • The rebates available for different system sizes in are listed below.

      System size Number of panels (approx.) Value of rebate (STCs)
      1.5 kW 5 $864
      2 kW 7 $1,188
      3 kW 10 $1,764
      4 kW 13 $2,376
      5 kW 16 $2,952
      6 kW 20 $3,564
      7 kW 23 $4,176
  • How does the STC rebate work?

    • Under the Australian Government’s Small-Scale Renewable Energy Scheme (SRES), homeowners are entitled to a given number of STCs dependent on the system size, where the system is installed and which year the system is installed.
    • The scheme can be claimed on multiple properties. The rebate is claimed by the installer of your system and passed on as a point of sale discount.
    • STCs are a traded like shares and their worth fluctuates depending on the amount of installations occurring that year. More installs than expected and the worth depreciates. STCs are currently valued at around $36 but have been as low as $17, so now is definitely a good time to install.
  • How is the value of the STC rebate calculated?

    • The amount of STC’s you receive are affected by two main variables - Location & System Size.
    • Location - The Federal Government splits all of Australia’s postcodes into 4 categories: Zone 1, Zone 2, Zone 3 and Zone 4. If you reside in Zone 1, you’ll receive a greater rebate than someone that lives in Zone 2, who will receive a bigger rebate than someone in Zone 3 and so on. Zones are determined by the number of sunlight hours you receive in the location you are having your Solar PV System installed.

      STC Zone
    • System Size - The other variable in determining the value of your rebate and amount of STC’s received, is the Solar PV System’s size. The larger the Solar PV System, the more power it will generate and the more STC’s and rebate amount you will be entitled to.
  • Will the STC rebate drop?

    • The number of STCs you’ll receive drops each year. The STC worth can rise and fall depending on demand in the market also.
    • The STC value is currently very high but at risk of dropping depending on market demand and Government policies. Now is the time to go solar!

Getting solar on your roof is a relatively straight forward process so don’t miss out on the benefits.

At Solar Market, we help you through the process and can organise quotes from 3 Clean Energy Council accredited installers who service your area.

Don’t miss out on the benefits any longer, Go Solar in 2019!

Get 3 no obligation solar quotes today

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Founded in 2010, Solar Market is dedicated to educating Australian households about the important issues associated with installing a solar system.

Our team has experience working in all areas of the solar industry and have brought this knowledge together in one location so that you have the right information to make an informed decision.

Read through the independent and unbiased information on the site and then fill in the Get a quote form, 3 independent installers who service your area will then call and offer to provide you with quotations.

If you have a question, no problem, go here or send an email to enquiries@solarmarket.com.au and we’ll guide you through the process.

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