Solar panels are a great way to reduce your carbon footprint and save money on your energy bill. However, before you invest, it’s important to understand the cost and benefits of solar power. One factor to consider is the stc price Australia.
STCs, or Small-scale Technology Certificates, are a form of currency that allows homeowners to earn money by installing solar panels. The price of STCs varies based on supply and demand. Currently, the STC price in Australia is around $35-40 per certificate.
The number of certificates you can earn depends on the size and location of your solar panel system. For example, a 5 kW system in Sydney could earn around 75 STCs, which would translate to a rebate of roughly $2, 625-3, 000.
It’s important to note that the STC price Australia is set to gradually decrease each year. This is part of the government’s plan to phase out this incentive program by 2030. This means that the longer you wait to install solar panels, the less money you can earn back through STCs.
In addition to STCs, solar panels can also save you money on your energy bills in the long run. With the right system, you could potentially offset your entire energy usage and even earn money by selling excess energy back to the grid.
While the stc price Australia may be decreasing over time, solar panels are still a smart investment for both the environment and your wallet.
