IMPORTANT: Exercise caution surrounding subsidies. The solar rebate Perth WA customers have access to indeed isn’t a fixed rebate/subsidy by any means. Daily, the value is subject to change, as the listed subsidy is based on an STC (Small Technology Certificate) valuation. Below is the need to know information when considering the solar rebate Perth customers can use to save thousands on the installation of a solar energy supply.
How much are you entitled to?
Ranging from $1795 in a 3.9kW solar system up to $3065 in a 6.6kW solar energy system, as mentioned above, the solar rebate Perth customers have access to varies depending on system generation capacity, and can fluctuate almost daily while degrading in annual chunks for the remaining 9-years.
Considering such, consumers should avoid rushing, instead, ensure an informed buying decision as the fluctuations and annual variances are minimal in the scheme of a systems life expectancy.
In the next few paragraph’s, understand how exactly your subsidy is calculated and the exact amount you are entitled to depending on your ideal solar energy system size.
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How it works.
Basically, your new solar energy system is eligible for [X] amount of certificates based on its ability to offset carbon emissions over the next 9-years. That’s right, you will be producing clean, green energy here, not just energy savings. Therefore, the government has rewarded you with an amount of certificates (STC’s) which you’ll most likely never get to touch.
You do, however, get to trade these very rewarding certificates with big polluters who must purchase these green certificates (STC’s) to offset their carbon emissions. The complexities of such are often too much for most (including solar companies) to handle, so it’s easier to release such certificates as a simple point of sale discount at an agreed market rate.
At the time of writing $37 was considered a good/stable rate factoring room for market fluctuations.
Lock it in!
The last thing you want is a sneaky solar company coming back to you after the installation has been completed because the STC value has plummeted overnight.
Believe it or not, particular solar companies have clawback clauses hidden into their Terms & Conditions of sale which state that you will make up the difference should there be a reduced variation in the STC value from the time of signing to the time of installation.
On your contract, ensure you have the following:
- An STC value, e.g. $37.
- An STC quantity, e.g. 83 certificates (as in 6.6kW).
- An STC total amount you’ve been credited as a point of sale discount, e.g. $3065 ($37 x 83 certificates).
How to calculate it?
Luckily for you, there is a formula for that calculating the solar rebate, and we have absolutely no reservation in sharing it with you!
Total Solar Array Combined Wattage x 1.382 (Odd number, we know) x the current STC multiplier of 9-years / 1000. The resulting number is the maximum STC’s you are entitled to.
Using the very popular 6.6kW system as example: (6660 x 1.382) x 9 / 1000 = 83.
Now that we’ve determined what you are entitled to, which is 83 STC’s, multiply this amount by the current market valuation of $37.
83 STC’s x $37 = $3065.
Subsidy by system size.
For most, in a modern world full of scroll and fast information, calculations are little too complicated. You merely need the round about figure ensuring what you’ve been quoted isn’t ripping you off.
Therefore, let’s not beat around the bush! The most common Solar Panels Perth WA Rebate (Subsidies) 2022 for residential homeowners based on a $37 STC valuation and utilising a 390W solar panel variant for multiplication is as follows:
Essentially a large saving on the cost of most solar systems. An excellent time to be shopping for solar considering the amount is due to be wound back each year.
Skip the sales hype and get the best value guaranteed (with beautiful transparency) for whatever system size you seek. Select systems via Perth’s largest online solar superstore in Perth Solar Warehouse & PSW Energy, a trusted CEC Accredited Solar Retailer and home of Perth’s most satisfied solar customers!