It is based on a yearly schedule developed by the Renewable Energy Target. It will decrease every year until it becomes 0 after 2030.

An example:

If you plan to a 10.34kW solar system and the installation date before 1st Jan 2023, you can get 128 STCs while you just get around 113 STCs after this date. Thus, you will lose hundred dollars on STCs rebate.

How can I do next?

Secure your installation date now, because the Clean Energy Regulator will be closely monitoring installation dates during this time to ensure that the correct deeming period is applied.

Sunterra provides several great ladder solutions for home solar installations, pls contact us for your free quote.