STCS AND FEED-IN TARIFFS

Under the Small-scale Renewable Energy Scheme (SRES) the reduction in the cost of your solar panel is not a rebate. Solar panel systems are entitled to a number of small-scale technology certificates (STCs) if the system is eligible. STCs are environmental credits. These credits are a commodity and tradeable like shares on the Australian Stock Exchange. Like other commodities the price of STCs is not fixed and varies with supply and demand. The payment for the STCs can account for up to 20 per cent of the upfront cost of your solar power system.

Benefits of Installing Solar

WHO IS ELIGIBLE FOR STCS?

The STC scheme is not means tested. Businesses, schools and community groups are also eligible for STCs.

How do I claim the STCs?

Vortex Electrical take care of all paperwork for you to make the process as simple as possible. You just assign the STCs to Vortex Electrical to claim on your behalf. We will subtract the value of the STCs from the price of your solar system meaning that you only have to pay the discounted price. All you need to do is sign some paperwork on the day of installation or respond to a simple email prompt. We take care of the rest! Please feel free to contact us if you have any questions regarding the SRES, or for further information please visit the Clean Energy Regulator website.

FEED-IN TARIFFS

Victoria has a net feed-in tariff agreement in place. This means that you get paid by your electricity retailer for the excess electricity that you feed back to the grid. From 1 July 2022 the minimum Victorian feed-in tariff will be 5.2c/kWh. It is available to households, businesses and schools who have solar power installed and approval from their distributor to export to the grid. We check your ability to export to the grid as part of our site assessment process. Find out what size system you will need and about solar power system installation and maintenance.

Get a Free Custom Solar Quote Now

Whether you’re interested in getting solar for your residential property or commercial site, we can help you out. Start chatting to us now for an obligation free custom solar quote. Start saving costs, go green, and find out what rebates exist in your area right now.

STCS AND FEED-IN TARIFFS