SolarNova can accept your STC’s for a discount on your solar system
Government incentives known as Small-scale Technology Certificates (STCs) may reduce the upfront cost of your solar system.
What is a STC?
STC work like a currency with one equivalent to one megawatt-hour of electricity generated by your solar PV system.
STC’s vary according to market conditions and the price is set by the government
STC subsidy is determined by where you are located, the size of your solar system and the price of the STC at the time of installation
How you get paid?
1. Reduce your payments on the solar installations. Assign your STCs when you purchase your solar system to a registered agent such as SolarNova for an upfront discount on your solar PV system
2. Sell your STC’s to a buyer.Create the STCs yourself by finding a buyer and then selling and transferring them in the Renewable Energy Certificate (REC) Registry.
How you get paid?
Australia is divided into zones and sunnier higher ranking zones will receive more discount that other zones.
Darwin (zone 2),
Sydney (zone 3)
Melbourne or Hobart (zone 4)
Ask SolarNova what STC discount applies to you or use the REC Registry calculator on the Clean Energy Regulator’s website to determine your approximate level of subsidy: rec-registry.gov.au