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STCs, Tariffs – separating the truth from the hype

There has been a lot of talk about the feed-in tariffs on solar. Some have even gone to the extent of claiming that solar is not worth the cost without the very high feed-in tariffs. Nothing could be further from the truth.

The feed-in tariffs were designed to encourage people to take up solar in the early stages of the solar revolution. Solar is now accepted and is installed on over 15% of all Australian homes.

As the feed-in tariffs are now down to 5-6 cents per kWh it is recommended that your solar system should be focused on providing as much power to the home as possible and minimising the power you send back to the grid. A home with an efficient solar power system calibrated to the lifestyle of the homeowner can save thousands of dollars.

Many consumers thought once the massive FITs ended, any help from the government stopped as well. This is not the case. The Government rebates are still active and are currently at about highest amount they can be. Let us explain:

The solar government rebate (SRES) subsidises the upfront cost of installing a solar system and is not means tested in any way.

The only criteria for claiming it are:

  1. Your system is less than 100 kW in size
  2. You get it installed and designed by a Clean Energy Council accredited professional
  3. You use panels and inverters that are approved for use in Australia by the Clean Energy Council

Almost all homes and small businesses would easily fall under the above criteria with a solar power system installed by True Value Solar.

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Have you ever wondered how much you could save with solar? To give you a better idea of what solar can do for you - we’ve developed our simple, easy-to-use savings calculator.

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