STC Reductions for 2024 Installations
It's that time of year again - the STC deeming period is reducing.
Solar PV and Water Heaters installed from 1 Jan 2024 will receive 7 years deeming, down from 8 years for jobs installed in 2023, and will result in a 12.5% reduction in STCs.
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Scan product label stickers to capture serial numbers with Onsite
Recently a high number of PV STC claims have been delayed because the inverter serial number on product packaging was scanned. The Clean Energy Regulator does not accept photos of serial numbers from packaging or packing slips as evidence for STC claims.
STC target to 1140 MW of solar PV
The Clean Energy Regulator announced on Thursday 29 March 2018 that the 2018 target for the Small-scale Renewable Energy Scheme, which provides financial support to rooftop solar PV and solar hot water, is to be 17.08% (this is called the Small-scale Technology Percentage or STP). Green Energy Trading has assessed what this means for the level of solar expected to be installed in 2018.
Defining small and large scale systems
The Clean Energy Regulator recently announced changes to the definition of a boundary for a PV system. They have gone into detail on scenarios where customers may be eligible to claim either claim STCs or LGCs, details of which can be found here.
Let's not forget about deeming
Quite simply the deeming period is an estimate of the years the system will create renewable energy between the year installed and the end of the scheme in 2030.
STCs target drop. Solar sales take-off
The Clean Energy Regulator announced on Tuesday 28 March 2017 that the 2017 target for the Small-scale Renewable Energy Scheme, which provides financial support to rooftop solar PV and solar hot water…