Government Incentives

STCs and LGCs explained.

Solar PV systems attract financial incentives based on their size and location as legislated in the RET scheme (Renewable Energy Target).

The scheme is available for both commercial and residential customers.

Systems up to 100 kW qualify for Small-scale Technology Certificates (STCs), whereas systems above 100 kW need to be registered as “power stations” to receive Large-scale Technology Certificates (LGCs) on a monthly, quarterly or yearly basis. The amount of LGCs is dependant on the electricity output of the system. A rule of thumb, not taking into account loss factors, is 1 LGC per 1 MWh of solar output.

 
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