About Solar Rebates

Everything you need to know about claiming a solar rebate.
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About Solar Rebates

What are the rebates?

What are solar rebates and how
do they affect me?

There are two kinds of solar rebates currently available: Small-scale Technology Certificates (STCs) and Large-scale Generation Certificates (LGCs). STCs are created to provide financial incentives for installations of small-scale solar power systems, as well as other small, environmentally friendly energy systems. STCs are generated when installing a solar system that is 99.9kW or under. LGCs are provided to those using large solar power systems that are more than 100kW.

These certificates are made available through the Small-scale Renewable Energy Scheme (SRES), which is one of two schemes under the Renewable Energy Target (RET) designed to help the Commonwealth Government achieve its target of sourcing 20% of energy from renewable sources by the year 2020.

STCs are provided as an upfront payment, where one STC is available for every one megawatt of power produced. System owners can apply for a number of STCs based on the size and type of system installed and their geographic location. The financial incentive received serves to reduce the upfront cost of the installation and enables a quicker return on investment.

LGCs are provided as an ongoing payment rather than an upfront payment. Large-scale power generation is calculated on the renewable electricity produced by the system, so LGC’s are created yearly based on the power created.

Over one million Australian households have installed solar PV and received a financial subsidy for doing so.

Is it worth it?

How much do I get back and is it worth it?

The exact value of the rebate will depend on the size of your system and your geographic location. There are many variables surrounding the exact potential value of your rebate. The number of STCs you’ll receive will depend on the number of panels you choose to install, as well as the location of the panels. The number of LGCs will depend on how much energy your solar system produces.

As an example, in 2018 a typical residential system, which is 5.5kW in capacity, will receive 98 STCs. At the time of writing each STC is worth $35, so the complete subsidy here would be $3430.

Commercially, if you installed a 99kW system you would receive 1778 STCs, which would equal $62,230 as an upfront subsidy. As mentioned the geographical location of the installation will mean this figure can vary for customers in different areas. The calculation we have used above covers most installation locations though.

The STC subsidy can provide up to 40% of the cost of your complete system, so if you are serious about solar energy and reducing your energy bills, we would suggest the subsidy is definitely worth organising.

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Over one million Australian households have installed solar PV and received a financial subsidy for doing so.

Is it worth it?

How much do I get back and is it worth it?

The exact value of the rebate will depend on the size of your system and your geographic location. There are many variables surrounding the exact potential value of your rebate. The number of STCs you’ll receive will depend on the number of panels you choose to install, as well as the location of the panels. The number of LGCs will depend on how much energy your solar system produces.

As an example, in 2018 a typical residential system, which is 5.5kW in capacity, will receive 98 STCs. At the time of writing each STC is worth $35, so the complete subsidy here would be $3430.

Commercially, if you installed a 99kW system you would receive 1778 STCs, which would equal $62,230 as an upfront subsidy. As mentioned the geographical location of the installation will mean this figure can vary for customers in different areas. The calculation we have used above covers most installation locations though.

The STC subsidy can provide up to 40% of the cost of your complete system, so if you are serious about solar energy and reducing your energy bills, we would suggest the subsidy is definitely worth organising.

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Types of Solar Rebates Available

What types of incentives does the Government provide?

There are a variety of solar rebates available from the Australian Government.

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STCs

STCs are provided as an upfront payment and are designed to help cover the cost of the installation of small-scale systems.

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LGCs

LGCs are provided as an ongoing payment for large-scale systems that are over 100kW.

GI Energy | Residential and Commercial Solar Power Systems

Grid Feed Tariff

A grid feed tariff is money paid to clients for energy that is exported back into the grid. The value of these feed in tariffs varies depending on the system size, location and whether you have approvals to export excess energy.

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Applying for your rebate

Our team makes applying for
rebates an easy process.

At GI Energy we have been dealing with processing Government Rebates for solar energy for 7 years. Our team will do everything for you from calculating how much rebate is worth for you, to submitting paperwork. STC rebates are an upfront subsidy, meaning the value of the rebate is deducted from the cost of the system before you pay for it. This means customers only pay the out of pocket expense after the rebate has been deducted.

Contact Our Team Today

Applying for your rebate

Our team makes applying for
rebates an easy process.

At GI Energy we have been dealing with processing Government Rebates for solar energy for 7 years. Our team will do everything for you from calculating how much rebate is worth for you, to submitting paperwork. STC rebates are an upfront subsidy, meaning the value of the rebate is deducted from the cost of the system before you pay for it. This means customers only pay the out of pocket expense after the rebate has been deducted.

Contact Our Team Today