Stc rebate changes
For, solar Power system, each STC represents 1 megawatt hour (MWh) of renewable electricity produced over 15 years or until 2030.
However, I cant rely on STCs always being this high and the price my installer will offer is best experience gifts chicago based on the average amount they expect to receive for them and not just todays high price.
If the Coalition wins the federal election there is good chance they will try to utterly destroy the solar rebate and the entire Renewable Energy Target along with it, global warming be damned. .
People in zones 1 and 2 will receive fewer STCs than people in zone 3, despite the fact they get more sunshine. .Even though I think the cost of solar will continue to decline, it makes no sense to wait because the savings you will make by having solar now should greatly outweigh any saving youd make by delaying.This map shows the 4 different zones that determine how many STCs you will receive per kilowatt of solar panels for each remaining year of the rebate: The 4 zones that determine how many STCs you get per kilowatt hour of solar panels for each remaining.And, They didnt come up with a convenient term for it, so its their own damn fault if people call it a solar rebate.Note that solar hot water does not receive STCs in the same way as solar. .For a 5kW System (zone 3) (based on 37 per STC up to and including 31 December 2016 15 years 105 3,885, from 01 /01/ 2017 14 years 98 3,626.And note this is only an assumption.This was true before the planned solar rebate phase out and it is especially true now.Please note that STCs can only be created within 12 months of the installation of an eligible system.Or a straight 8,000 if my installer likes to round down. .The rebate will reduce by one fifteenth of its current amount on the first day of each new year until 2030 and will end on the 31st of December that year.The price of STCs can and will fluctuate.
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