Small-scale Technology Certificates (STCs)
STCs are rebates available nationally that can offset the initial cost of your CO2 Heat Pump Hot Water System. An STC is a measure of renewable energy that 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. To ensure STCs are valid, they must be created within 12 months of the system being installed. For more information on STCs go to the Clean Energy Regular website CLICK HERE
Victorian Energy Efficiency Certificates (VEECs)
In Victoria only, 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 CLICK HERE.
STC Rebate Zones
Australia is divided into five zones based on how much renewable energy can be generated by a solar collector system in a given area.