Government Rebate Reduce December 31st

October 12, 2016

Its that time of the year again when the government rebates drop!

As an example, if you install a 6.6kW System, you’re currently receiving a up-front discount of $3,894 (118 STC’s x $34). As of January 1st 2019 this will go down to $3,597 (109 STC’s x $34). So a 5kW System in 2017 will cost an extra $266.

Below is a table listing the STC’s and up-front discount offered from 2017 to 2030 (based on STC price of $38)

YearNumber of STC'sUp-Front Discount Off System
201796$3648
201889$3382
201982$3116
202076$2888
202169$2622
202262$2356
202355$2090
202448$1824
202541$1558
202634$1292
202727$1026
202820$760
202913$494
20306$228

The STC System is based on the assumption that the “lifetime” of your solar power system. As of the 1st January 2017, the maximum number of years you can claim as the “lifetime” of your system will be 14 years. 13 years from 1st January 2018. 12 years from January 2019 and so on until the 2028, when the rebate will be completely abolished.

Installation date The deemed life of the system
(The specified maximum number of that certificates can be created)
Up to and including 31 December 2016 15 years
From 1 January 2017 14 years
From 1 January 2018 13 years
From 1 January 2019 12 years
From 1 January 2020 11 years
From 1 January 2021 10 years
From 1 January 2022 9 years
From 1 January 2023 8 years
From 1 January 2024 7 years
From 1 January 2025 6 years
From 1 January 2026 5 years
From 1 January 2027 4 years
From 1 January 2028 3 years
From 1 January 2029 2 years
From 1 January 2030 1 year
After 31 December 2030 Nil
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