Small Scale Technology Certificates (STC’s)
The Commonwealth government ‘Renewable Energy Program’ provides a financial incentive for households, investment properties, holiday shacks and small businesses to install a grid connected solar power system or hot water system. This scheme is NOT means tested. Every solar system is deemed to be worth a certain number of Small Scale Technology Certificates (STC’s) which are then multiplied by the daily STC $ rate. The cash value may then be deducted from the total value of your system.
The Australian Government administers STC’s through the Office of the Clean Energy Regulator (CER). For more information talk to Adelaide Solar Systems or visit: www.cleanenergyregulator.gov.au/Renewable-Energy-Target/Pages/default.aspx