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The Federal Government promotes Renewable Energy in providing an incentive to house holders which install a Eligible Solar Hot Water Heater. This financial incentive is based on the efficiency of the system installed and the location in Australia. The Australian Govermental Organisation who carry out this program is the Clean Energy Regulator and the name of this tool is the "Small-Scale Renewable Energy Scheme".
STCs scheme cannot consider like a rebate but like a financial incentive plan. One STC is 1 megawatt hour (MWh) of energy cleaned out in 10 years. Eligilble Solar Water Heater after passing the registry procedure are listed into the Register. The number of STCs for a particular solar water heater model will depend on its installation date, geographic location identified through its postcode, and a number of other parameters defined by the Clean Energy Regaulator.
Most people are not familiar with STC creation when they buy a solar water heater and it can be a confusing process. That’s why at Sun Ray, we make it simple for you. When you buy a Sun Ray solar water heater, we take into account the value of the system’s STCs and reduce the price of your system accordingly.
Your STCs financial incentive depends on how many STCs the system you buy qualifies for and the price of the STC on the day of signing the contract. Since the scheme began in 2001, certificates’ prices have ranged from $11 - $52. All of our solar water heaters are eligible for STCs and qualify for between 16 and 43 STCs.
Once your solar water heater is installed, we will manage all the paperwork for the STCs’ creation and claiming process. So all you need to think about is enjoying your water heated free from the sun.