How Do Government Solar Rebates Work?
The Government Solar Rebates based on STC”S (Small Technology Certificates).
The higher the Solar Power or Solar Hot water system is rated for energy efficiency the higher the STC’s awarded.
Each STC has a dollar value that fluctuates according to the solar market. The rebate value can vary from $10 to $40 per STC, the greater the written value the greater the discount.
A very simple way to see energy-efficient the system is to ask how many STC’s the Government has rated it. Most rebates are normally discounted off the price upfront of the consumer and traded by the retailer.