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Sun Empire Solar Systems are Melbourne's specialist commercial solar systems design and installation company. We integrate solar systems for business, government and educational facilities. We can design and install your next innovative solar power project and assist in all Solar Credits, STCs rebate claims. A Sun Empire Solar System can SAVE $$$'s off your companies electricity bill and reduce your greenhouse gas emissions and carbon footprint with our innovative solar power installation
Commercial Solar Power
Commercial solar energy systems are eligible for STCs (Small-scale Technology Certificates) just as residential solar systems are. Sun Empire offers "point of sale" discounts for some commercial systems. To read more about STCs and what they are click here: Small Scale Technology Certificates System SizeIf the PV (photovoltaic system) is 100 kW or less in power and generates no more than 250 mWh's of electricity per year then the system in eligible for STC's, including the initial claim of Solar Credits. If the system is larger than 100 kW and generates more than 250 mWh's of electricity per year then this is considered to be a power station and application needs to be made directly to the Office of the Renewable Energy Regulator for a power station. Solar Credits CalculationSolar systems up to 1.5kW in power are eligible for solar credits, which equal 5 times the standard amount of STCs. i.e. Melbourne (Zone 4) 1.185 x (system power)1.5 kW x (STCs multiplier) 5 x (deeming period) 15 years = 1.185 x 1.5 x 5 x 15 = 133 STCs
STCs can then be sold for a financial incentive which is deemed at a variable rate depending on market fluctuations. i.e. 133 STCs x $24 = a $3192.00 return. For systems then sized over the first 1.5 kW, STCs are calculated at the standard rate of 1:1. For instance a 10 kW solar system calculation works as follows: The first 1.5 kW of the system = 133 STCs The next 8.5 kW of system = 1.185 (Zone 4) x 8.5 kW (power) x 15 (years) = 151 STCs Total RECs = 284 STCs Financial return = i.e. 284 x $24 = $6816.00 The number of Small Scale Technology Certificates (STCs) will vary with the size of the system you install. Click on the link below for a detailed explanation of STCs and Solar Credits from the government Office Of The Renewable Energy Regulator. Solar Credits information for Small Generation Units - Solar Power
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Sun Empire can assist in all aspects of registration, design, planning and grant claims. |
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Rebates
Commercial