Solar Power Savings

Government Incentives, Bonuses & Rebates

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Small Scale Technology Certificates (STC)

STC's or small scale technology certificates are a Federal Government incentive to purchase eligible solar power and solar hot water systems. The SunWorks Solar Centre is a registered STC agent.

The SunWorks Solar Centre is a registered STC agent with Clean Energy Regulator as such we are able to bypass middlemen and can offer you the best possible price for your STC’s.

Small-scale Technology Certificates, or STCs, are a tradeable commodity attached to eligible installations of renewable energy systems (including solar panels, solar water heaters and heat pumps).

Under the Federal Government’s Small-scale Renewable Energy Scheme, when you install an eligible system, you may claim a set number of these STCs. This number is based on the amount of electricity in megawatt hours (MWh):

  • generated by your small-scale solar panel, wind or hydro system over the course of its lifetime of up to 15 years; or
  • displaced by your solar water heater or heat pump over the course of its lifetime of up to 10 years,

where one STC equals one megawatt hour (MWh) of electricity generated or displaced.

The number of certificates you can claim may vary depending on your geographic location, what you’re installing, whether your installation is eligible for Solar Credits, and/or the size and capacity of the installed system. For example, a 1.5kW solar panel system on the Sunshine Coast might be eligible for a minimum 31 STCs, while a solar water heater might be eligible for a minimum of 20 STCs.

Solar Credits is a mechanism which increases the number of STCs that can be created for eligible installations of small-scale solar panel (photovoltaic – PV), wind, and hydro systems.

You can calculate the number of STCs claimable by a system by using the calculators on the Clean Energy Regulator website

Solar Hot Water Calculator - https://www.rec-registry.gov.au/swhCalculatorInit.shtml

Solar Power Calculator - https://www.rec-registry.gov.au/sguCalculatorInit.shtml

STCs are not a rebate. The value of STCs is not fixed* and varies from time to time. The Owner of the solar power or solar water heater can assign the right to create STCs to The SunWorks Solar Centre and The SunWorks Solar Centre will reimburse the Owner for the value of the STCs via a point of sale discount.

*a fixed price of $40 is available if STCs are sold via the STC clearing house. We do not sell our STC's through the clearing house and if you wish to go down this path you should be aware of the following

• Small-scale technology certificates (STCs) are not a rebate, and completing this creation process is not an application for a Government rebate. You will not qualify for any Government-based financial recompense at the completion of this process.
• Creating STCs for sale can be complex and has significant administrative requirements, legal implications, and may involve fees.
• If you require rapid financial recompense for your certificates, or a simpler process, simply assign your right to create the STCs to The SunWorks Solar Centre.

• If you decide to create your own STCs you will be required to:

  • Pay full price for your system;
  • Organise the installation of your system, ensuring it is compliant with the Renewable Energy Electricity Act 2000 and associated Regulations;
  • Create the STCs in the REC Registry;
  • Find a buyer for your STCs (including using the STC Clearing House)
  • Manage payment for the STCs.

Neither the Clean Energy Regulator nor The SunWorks Solar Centre can manage any of these processes for you, and cannot intervene in any process outside of STC creation.  The Clean Energy Regulator can provide advice only.

For more information please visit the Clean Energy Regulator website

http://ret.cleanenergyregulator.gov.au/Certificates/Small-scale-Technology-Certificates/Selling-STCs/how-to

QLD Solar Bonus Scheme

Queensland Solar Bonus Scheme stopped effective 30th June 2014

The Queensland Government Solar Bonus Scheme pays homeowners and businesses 8cents per kWh whenever they generate more electricity than they are using. This is known as a net feed in tariff (FiT).

The Queensland Government Solar Bonus Scheme was introduced in July 2008 and rewards homeowners and small customers (defined as homeowners or businesses who use less than 100megawatts of electricity annually) whenever they generate more electricity than they are using. This is known as a net feed in tariff (FiT). On the 10th July 2012 the amount paid for excess electricity exported to the grid was reduced from 44 cents per kilowatt hour (c/kWh) to 8 cents although additional payments offered by some energy retailers will add up to an additional 8 cents to the amount paid - the scheme finished on the 30th June 2014. Electricity retailers now offer a voluntary feed in tariff and you should check with your retailer to find out how much you are eligible for.

Existing customers who signed up for the net feed in tariff before the 10th July 2012 will continue to be paid 44 cents for any excess electricity fed into the grid and that scheme will run until 2028.

The Solar Bonus is paid for the surplus electricity after the household load is met, however, electricity supplied through an interruptible tariff (e.g. controlled load tariffs including Tariff 31 and 33) is not counted toward the household load. This means that the customer will export more electricity to the grid under this arrangement than they would if the load on the interruptible tariff also had to be met before any excess was fed to the grid.

To be eligible to receive the Solar Bonus customers must:

  • consume less than 100MWh of electricity a year (the average home uses approximately 7.9MWh a year)
  • purchase and install a new solar PV (photovoltaic) system (solar power system not solar hot water system), or operate an existing PV system (solar power system) that is connected to the Queensland electricity grid
  • generate surplus electricity that is fed into the Queensland electricity grid
  • have a connection agreement in place with their electricity distributor (Ergon Energy, Energex or Essential Energy) and have appropriate metering installed
  • have a solar PV systems with a combined inverter capacity of up to 5 kilowatts
  • hold an electricity account with an electricity retailer

Some energy retailers such as Origin and AGL offer customers an additional FiT over and above the legislated minimum although these are not guaranteed and subject to change without notice.

For more information please view the QLD Government website which can be accessed by clicking the link below

https://www.dews.qld.gov.au/electricity/solar/installing/benefits/solar-bonus-scheme

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