What are Solar Hot Water Rebates?
Switch to an Apricus solar water heating system and you may be eligible for a Government solar hot water rebate.
Rebates are financial incentives created to encourage investment in renewable energy sources – such as an Apricus solar hot water system.
In Victoria, as well as STC’s, Victorian Energy Efficiency Certificates (VEECs) may also be available.
To ensure small-scale technology certificates are valid, they must be created within 12 months of the system being installed. For example, a system installed on 1 January 2017 is only eligible for certificates until 11:59pm AEDST on 31 December 2017.
Small-scale Technology Certificates (STCs)
STCs are rebates available in Australia that can offset the initial cost of your solar hot water system. An STC is a measure of renewable energy which can be traded for cash or a discount on the purchase price of a hot water system. Each STC represents a megawatt hour (MWh) per year of electricity displaced by an eligible system. For more information on STCs go to the Clean Energy Regular website.
Victorian Energy Efficiency Certificates (VEECs)
In Victoria, set by the Victorian Energy Efficiency Target (VEET) scheme, VEECs are available as rebates, where each VEEC represents one tonne of carbon dioxide equivalent abated by the eligible system carrying out a specified energy saving activity. If you are replacing a gas system with an electric system, no VEECs are available. For more information on VEECs go to the VEET site
STC Rebate Zones
Australia is divided into four zones based on how much renewable energy can be generated by a solar collector system in a given area. The map here indicates the zones. To check your zone you can view (and download) the postcode list here.