Solar Incentive/Rebates

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Solar Incentive/Rebates

Take advantage of generous government incentives and make the switch to solar today. The Federal Solar STC Incentive is available to homeowners, landlords, businesses, and community buildings—making it easier and more affordable than ever to install a solar PV system.

RECs/STCs

Renewable Energy Certificates (RECs) are tradable units created under the Renewable Energy (Electricity) Act 2000, as part of the Renewable Energy Target (RET) Scheme. Each REC represents one megawatt-hour of electricity generated by a solar PV system. The value of RECs is determined by market demand and trading conditions.

There are two ways you can be paid for your RECs/STCs

1

Assign your RECs to a registered agent in exchange of financial benefit which may be in the form of upfront discount or delayed cash payment.

2

Create RECs by yourself by finding a buyer and then sell them in RECs registry.

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