Installation of a new solar hot water system or heat pump are not only great for the environment and your power bill, they also come with great incentives which will save you money upfront. These incentives are know as Small Scale Technology Certificates (STC’s) which are traded and sold on the open market.
The amount of your upfront discount (STC’s) will depend on a number of factors:
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- Where you live in Australia.
- The type, size and model of the system being installed.
- The efficiency of the system
- The current price of STC’s on the market.
These discounts range from $700 – $1400 depending on the factors above.