Q. What incentives or rebates are available for Off-Grid solar power?
Answer
All solar panel installations in Australia are subsidised by the Federal Government’s STCs incentive (Small scale Technology Certificates) which offset the cost for your system. There are two ways this incentive can affect the cost for your future Off- Grid system.
- Under the Small-scale Renewable Energy Scheme, small-scale technology certificates are calculated based on system location, installation date, and the amount of electricity generated over the course of its lifetime – which is referred to as the deeming period. As the Small-scale Renewable Energy Scheme will end in 2030, the standard 15 year deeming period for a solar PV system will start to be reduced on 1st January 2017 to 14 years, and each following year, until the closure of the scheme in 2030. This will reduce the number of small-scale technology certificates that can be created for an eligible system. The reduced amount of STCs from 1st January represents a 6% drop. As these are reduced it will increase the cost of going solar. Now is the best time.
- The value of each STC is based on supply and demand, which can from time to time be subject to volatility. This can effect the value of each STC.
The solar panels, inverters and chargers that we use are on the CEC’s approved list of off-grid solar power systems and our installations are done by our local CEC accredited installers.
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