1. What is the STC Battery Rebate?

The STC (Small-scale Technology Certificate) battery rebate provides financial incentives for installing eligible battery storage systems in Australia. The rebate amount depends on the battery cost and the current STC rate.

2. How Does the Calculator Work?

The calculator uses the STC rebate formula:

Where:

• \( \text{Battery Cost} \) — Total cost of the battery system in dollars
• \( \text{STC Rate} \) — Current STC rate as a decimal (e.g., 0.3 for 30%)

Explanation: The equation simply multiplies the battery cost by the STC rate to determine the rebate amount.

3. Importance of Rebate Calculation

Details: Calculating the STC rebate helps homeowners and businesses understand the financial benefits of installing battery storage systems and plan their renewable energy investments.

4. Using the Calculator

Tips: Enter the total battery system cost in dollars and the current STC rate as a decimal (e.g., 0.3 for 30%). Both values must be positive numbers.

5. Frequently Asked Questions (FAQ)

Q1: What is the STC scheme?
A: The Small-scale Renewable Energy Scheme creates financial incentives for installing eligible renewable energy systems, including solar panels and batteries.

Q2: How is the STC rate determined?
A: The STC rate varies based on market conditions and decreases each year as part of the scheme's phase-out.

Q3: Are all battery systems eligible?
A: Only batteries installed with eligible solar PV systems and meeting certain criteria qualify for STCs.

Q4: Can I claim STCs after installation?
A: STCs must be created within 12 months of installation and usually handled by your installer.

Q5: Does the rebate affect other incentives?
A: The STC rebate is separate from state-based incentives and feed-in tariffs.