Small-scale Technology Certificates (STC’s)
Government solar rebates/incentives in the form of Small-scale Technology Certificates (STCs) help reduce the upfront cost of installing your solar PV system.
STCs are an electronic form of currency and are allocated to you when you install a solar PV system. One STC is equivalent to one megawatt-hour of electricity generated by your solar PV system.
The price of STCs changes according to market conditions. The total level of subsidy you receive will depend on a number of factors, including the location and size of the solar PV system and the price of STCs at the time the system was installed.
You can use the REC Registry calculator on the Clean Energy Regulator’s website to determine your approximate level of subsidy. But generally in the Northern Territory on a residential 4.5kW system the STC rebate is approximatley $3900 and on a 6kW residential system the rebate is approximately $5200.
When you sign up with Country Solar NT you will assign your STCs to us when you purchase your solar PV system as we are a registered agent. This will be shown on your quote as a upfront discount on your solar PV system.