Under the Small-scale Renewable Energy Scheme, eligible solar water heaters are entitled to a number of Small-scale Technology Certificates (STCs). This is based on the estimated amount of electricity in megawatt hours (MWh) the system displaces over the course of its lifetime. The number of STCs a particular solar hot water model is entitled to create will depend on its installation date and geographic location identified through its postcode.
Each STC point has a variable monetary value assigned to it. This will vary based upon a number of factors including brand, geographical location and retailer. The more STC points assigned to a system, the greater the discount a solar system attracts. Customers have the option to claim the STC discount or elect to pass on the claim to the retailer. At the ActewAGL Energy Shop, we will offer a point of sale discount to the customer and free them from the inconvenience of having to claim the rebate.
For further information regarding the STC, follow the link below: