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Solar Buy Back Rates In NSW & STC Government Rebate

Bargo, NSWA project expertly installed by our team of Clean Energy Council Approved Solar Retailers & Smart Energy Council Master Installers.

The Best Solar Buy Back Rates NSW Residents Will Find

Installing a solar power system in your home is a great way to protect the environment while also saving money on your power bills. In fact, there are numerous buyback schemes which have emerged in recent years where those homes with solar power can sell the excess power back to the energy grid. 

To benefit from this option, it is essential that the homeowner installs the best and most efficient products that are available on the market. This means partnering with a trusted and professional supplier of solar energy products. This can help to ensure that the solar buy back rates NSW residents witness are the very best that are available.

If you are looking to secure the best rates on your solar power system, you’ll want to find the best possible provider. This can take a lot of research, so here’s a closer look at Inspire Energy and what makes us a trusted provider of solar power systems.

Why Getting A Buy Back Rate Is A Good Idea

Solar energy is gathering pace, and it is certainly a nascent form of green energy. We are very proud to have been at the forefront of this exciting technology and with ten years of experience, you can rest assured that we have what it takes to deliver you the best system and the best results.

In our ten years of business, we have developed solid processes, and our team has grown. This means that we now have a large and talented team that is capable of taking care of your commercial or residential project.

How the STC solar rebate scheme works

How much you can claim back through the STC solar rebate scheme depends on a number of factors. The first of these is the rating number of the zone you live in. This is calculated according to how much solar energy the Clean Energy Regulator – a Federal Government agency – has determined you could collect in a certain geographic zone.

If you live in the Central Coast region, for example, you'll be in Zone 3, with a rating of 1.382. With 12 kW system and a deeming period of about 12 years, you could be eligible for up to 199 STCs. So what are these worth? That question brings us to the second factor of the scheme, which is the dollar value of an STC.

The tricky thing here is that the dollar value of an STC can fluctuate. Presently the value is around $36.50, but by the time you read this the value may have gone up or down. If you did cash in the full 199 STCs at $36.50 that would give you a potential rebate of about $7263.50, which is pretty good. The bad news is that you can expect the value of an STC to drop significantly each year, and should drop all the way to $0 by 2030, which is why buying in as early as you can is the right way to go.

Now, it would be great if this was like a normal rebate and you could just rock up to a counter somewhere and get your rebate paid to you immediately, but that's certainly not the case with STCs.

Why your STC government rebate is really a subsidy

For the average consumer, calling the STC scheme a rebate scheme just makes it more confusing than it needs to be.

A rebate implies you get money back after you make your purchase (and that's possible, but there are good reasons not to take that option). When you make your purchase from an STC registered selling agent like Inspire Energy, you can get that rebate in the form of a subsidy, which means you immediately make a saving on the cost of your system.

If you were to go for the rebate option, you'd have to pay the entire cost of the system and then wait for the government to get in touch with you to pay you. By the time that happens, the value of your STCs may have already fallen considerably. When you account for the effects of inflation, that is just not a practical or smart move. Money in your hand today is worth a lot more than it will be 12 months from now.

The STC solar rebate does not cover energy storage components

This isn't really going to come as big surprise, but the STC government rebate is calculated only on the output rating of your system. If you buy batteries for storage, you'll have to pay the full cost of them, but that's still a very good idea because there is a big advantage to having solar power storage, namely that you won't have to worry about running out of power.

Find out more about the STC scheme and any other rebates, subsidies, or discounts you may be eligible for by contacting Inspire Energy.

Get The Best Solar Buy Back Rates With Us

Throughout the last decade, we have worked to develop very close ties with prominent players in the industry, ensuring that we get the best prices on the very best materials and products. These links also mean that we can offer you extended warranties, keeping your system functioning perfectly and delivering you the best buy back rates.

Safe in the knowledge that your system will continue to work for you for years to come, you can work with us without a worry. Our team is confident and knowledgeable, capable of taking care of all your needs.

Simple Quotes

We understand that the process of securing quotes can often be complex. Solar energy systems are complex, and they have many working parts. This can lead to a big difference in terms of the quotes that you will receive.

When it comes to getting a quote from Inspire Energy, the process couldn’t be simpler. You can provide us with the necessary information, and it will be our pleasure to get back to you with an accurate quote that can serve as the foundation for our future discussions.

Contact Us Today

Are you ready to get your solar energy system off the ground and powering your home? Be sure to visit our website today where you can learn more about buy back rates and the process of installing the system.

Inspire Energy installs solar panels & power systems for residential, commercial & agricultural buildings in NSW. We offer a variety of services that our trained solar electricians will install for you. Browse our website further or contact us to learn more.

Understanding the STC Solar Rebate

If you are considering a solar power system in Sydney, you’ll undoubtedly have heard of the STC solar rebate mentioned among the benefits of investing. This can be a little confusing, though, and the benefits often aren’t clear. To help you with your research, here’s a closer look at the STC government rebate for NSW residents.

We will also take a closer look at why Inspire Energy is a trusted provider of solar energy systems and what you can expect if you decide to work with us.

What is the STC Government Rebate?

The Small-scale Technology Certificate can be collected by households when they install an eligible solar power system. The homeowner will receive one STC for every 1,000 kilowatt-hours of energy that they generate until 2030.

The value of those certificates will vary according to a wide range of factors like the size of the solar system and how much that system is projected to generate in the future. You should be sure to research the solar buy back rates NSW residents can expect. Those STCs can be claimed in advance and then used to lower the cost of your solar system – this essentially means that you can get a great discount on your system. 

This rebate system is in place to inspire more homeowners across the country to invest in clean solar energy for their homes. Of course, this will help the country to reach its ambitious and important carbon neutrality targets. 

A key part of acquiring STCs is purchasing an eligible system. You can rest assured that we are CEC accredited and that we only ever source the best and most effective systems. We also work incredibly hard to install them in the best way possible. 

This means that our customers are able to apply for and attain STCs. This helps them to dramatically lower the cost of their solar energy system and make their investment even more worthwhile. As you can imagine, it’s a very attractive proposition for lots of homeowners throughout the country.

Get Solar Buy Back Rates In NSW

If you decide to invest in a solar energy system, you’ll want to work with the very best in the business. Here’s a closer look at Inspire Energy and how we offer our customers the best experience and solar energy system possible.

Dedication to exceptional business

We are incredibly dedicated to every area of our business. While we are incredibly passionate about solar energy, we do not neglect the other areas of our business like sales and customer care. 

A generous 5-year warranty

It is our pleasure to offer a generous 5-year warranty on your entire system. This means that you can rest assured you’re getting the best and that your system will drive value for many years to come. 

Exceeding codes and regulations

There are a huge range of governmental regulations that have to be met in order for you to receive STCs. You can rest assured that our experience and expertise means our systems exceed those regulations.