Small Scale Technology Certificates (STCs)
Small scale renewable energy systems (up to 100kW) are entitled to a number of small scale technology certificates known as “STCs” under the Australian Government incentive called the ‘Renewable Energy Target’ (RET). The RET is designed to reduce emissions of greenhouse gases in the electricity sector and encourage the additional generation of electricity from sustainable and renewable sources.
The number of certificates that can be created per system is based on its geographical location, installation date, and the amount of electricity in megawatt hours (MWh). Once created and validated, these certificates act as a form of currency and can be sold to recoup a portion of the cost of purchasing and installing the system, or transferred to other individuals and businesses at a negotiated price.
Small scale technology certificate/s are included as a point of sale discount in our quotations. The STC operates like a share market and each STC can fluctuate in price at any given time. On acceptance of the quote we can have the STC amount fixed, as stated on the quotation. If you decline the STC offered in the quote, you have the option to source the STC financial incentive at your own expense. For further information on STCs go to the Clean Energy Regulation website: http://www.cleanenergyregulator.gov.au/RET
Solar Homes Program
The Victorian Government released a number of solar rebates in 2018, including solar panel rebates, solar hot water rebates and solar battery rebates. For further information go to the Solar Victoria website: https://www.solar.vic.gov.au/
Solar Panel Rebate
Solar Victoria are providing a rebate of up to $1,850 for solar panel (PV) system installation, for homeowners and rental properties. To further reduce installation costs, householders can apply for an interest-free loan, for an amount equivalent to their rebate amount. The loan is required to be repaid over four years.
We will upload your quote to the Solar Victoria Portal (the Portal), which will trigger the online process for your eligibility assessment. Once this is done, all you will need to do is upload proof of income and a Rates notice to confirm your details.
Am I eligible – homeowners?
Victorian households are eligible to receive a rebate for installing a solar PV system if they meet the following criteria:
- they are the owner-occupier of the property
- the owners have a combined household taxable income of less than $180,000 per year (based on last year’s Australian Tax Office Notice of Assessment)
- it is an existing property, valued at under $3 million
- they do not have an existing solar PV system*
- Eligibility Criteria – rental properties
Victorian rental properties owners are eligible to receive a solar rebate under the Program if the:
- tenants receive a combined household taxable income of less than $180,000 per annum (based on any of the last two year’s taxable income)
- property is valued at under $3 million
- does not already have solar panels (PV) installed
- there has been no prior participation in the Solar Homes program for that address
- a Solar Homes Landlord Rebate Agreement is signed by landlord and all tenant(s)
Solar Battery Rebate
Solar Victoria are providing 1,000 rebates in 2019-20 of up to $4,174 for a solar battery system. Installing a battery can help a typical household save up to $640 a year.
Eligibility Criteria:
Victorians eligible to receive a battery rebate if they meet all of the following criteria:
