Do energy retailers need to buy STCs?
Energy retailers are not required to buy them. Instead, they will be purchased periodically by the Australian Government. Find out more about STCs. The scheme is designed for homeowners and businesses who want to reduce their electricity needs by using renewable energy systems.
How do state governments encourage solar power adoption?
To address these differences, state governments have implemented a range of incentive programs designed to encourage the uptake of solar power and related technologies. These incentives often complement the SRES by targeting specific aspects of solar adoption, such as battery storage, low-income household access, or grid stability.
How does a surge in installations affect STC prices?
A surge in installations can temporarily increase the supply of STCs, potentially putting downward pressure on prices. Economic Conditions: General economic conditions can also impact STC values. For example, during economic downturns, demand for electricity may decrease, leading to lower STC prices.
Government rebates and loans for solar
Learn about the types of government subsidies, rebates and loans available for installing a solar system or battery for your home or business.
Government incentives
The amount of electricity is calculated monthly using a formula specified by the Australian government’s Clean Energy Regulator. You can read more about the formula on their website.
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To find out if you are eligible for a feed-in tariff, you will need to contact your state or territory government, or electricity retailer who will provide you with further information, and if you are eligible, will help you apply.
Certificate prices
A small-scale technology certificate (STC) is equal to 1 megawatt hour of renewable electricity either generated or displaced by eligible small-scale renewable energy systems such as solar PV, wind and hydro and solar water
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