SOLAR REBATES
Australia’s solar rebate isn’t a rebate
If you’ve seen any recent advertising for solar, it’s probably been impossible to miss the heavily publicised ‘solar rebate.’ This involves trading credits known as STCs on the solar market, with the final discount applied to the cost of the system before installation.
As with most large scale schemes, there are quite a few misconceptions associated with this Government incentive.
Is the ‘Solar Rebate’ ending soon?
In reality, these financial incentives are designed to continue till 2031, and are part of an incentive scheme at point of sale, instead of as cash in hand.
The many claims of ‘rebates ending soon’ you’ve seen are related to the 8% decrease in incentives over the next decade. The important thing to keep in mind is that reductions will happen each year, but these incentives are designed to last many more years.
That said, the yearly incentive reduction is certainly a good reason to consider solar sooner rather than later, although it shouldn’t be your only motivation.
STC’s and You
The technical side of the Government incentive scheme involves the payment of an upfront incentive based on the expected energy output of your system over its lifetime. Managing STC’s and incentives should be taken care of entirely by your solar installer and the discount applied to the final quoted price for supply and installation of your solar system.
“Solar STC’s are actually a discount off the final price, not a cash handout.”
The incentive is calculated based on trading certificates for small scale solar systems known as Small Scale Technology Certificates (STCs). Solar companies sell the estimated value of these STCs and provide a discount against the value of your system
It’s important to be aware that the value of STC’s fluctuates based on market demand. Some solar companies choose to absorb the difference, while others may charge customers more based on these STC value changes. It’s important to check with your solar company what the final price will be and if it’s subject to change.
The number of STC’s available for your system, and the associated discount, will also vary based on your postcode. This means that you may receive a higher or lower discount than a friend or relative living in another region.
Are there solar hot water system rebates in Queensland?
The Queensland solar hot water scheme ended in 2012, so there is no longer any state specific incentive available for these installations. Solar hot water systems are still eligible for STC’s as outlined above, however.
WHAT OUR CUSTOMERS SAY
-
Choosing someone to install solar for your home is a daunting task. There is some much information out there and I'll be honest, I found it all quite confusing. The... read more
Jodie
These guys were good value and are easy to deal with no problem recommending them on the service they have provided to date.Ian has been very good assisting with anything... read more
David Petersen
10/10 on service and product. I had alot of issues when purchasing my house and having to get solar on aswell. This possess dragged out over several months and without hesitation... read more
bevan bion
-
Michael and his team have helped my elderly mum out with various needs over the last few years and they have always done everything to a high standard and been... read more
C P
Peter and The Proven Energy team went above and beyond. They installed 3 Aircon units specific to my homes needs. Peter and the team were on time both mornings and very professional... read more
Kat McMahon
Overall dealing with Proven energy was hassle free and an easy process. Josh was more than happy to help and provide more than one quote on different solution depending on your... read more
Heath Rotheram
-
Our first dealings with Proven Energy were in 2018 and, since that time all work (both by field teams and office staff) have been most courteous and of the highest... read more
Howard Robertson
From first contact with sales personnel to installation of solar panels and follow up we found Proven Energy to be helpful, efficient and “top quality”. Everything we wanted!
Jennifer Wright
Service and advice - above and beyond! Peter and his team have attended to electrical needs including replacing fans, rewiring pool filters and timers, installing power points and other jobs around... read more
Scott Playle
-
Proven completed the installation for Sherriff Electrical Toowoomba. they were a Very professional business to deal with. Installation quality is excellent. the options provided in the quote included the energy... read more
Jake d'Abadie
Great Staff. Open, Honest and Transparent in relation to cost and timeframes relative to my electrical scope of works. The attending Sparkys completed the job ahead of schedule.... read more
Steve Ainscow
We have used Peter and his team on several occasions, to install solar panels, install lighting in my husbands shed,additional power outlets for our outdoor entertaining area and to illuminate... read more
Sandra Campbell
-
I just made an enquiry with this company and spoke to Gabby who was able to assist. She wast very helpful and thorough. Unfortunately I live in a spot that... read more
Dee Parry
We were doing a bond clean. The ceiling fan had to be replaced. Proven Energy are our regular Electricians. They replaced the fan before handover, & everything went through smoothly. Excellent service they were... read more
Tracy Ruhle
Cannot recommend the Proven Energy team enough! They have local knowledge and so helpful to explain the solar packages & systems in a language anyone can understand. The whole process... read more
Son Son