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)
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.