{"id":9760,"date":"2017-09-07T09:11:18","date_gmt":"2017-09-06T23:11:18","guid":{"rendered":"https:\/\/gold-coast-solar-power-solutions.com.au\/?p=9760"},"modified":"2024-08-26T16:58:21","modified_gmt":"2024-08-26T06:58:21","slug":"solar-power-financial-incentive-dropping","status":"publish","type":"post","link":"https:\/\/gold-coast-solar-power-solutions.com.au\/posts\/solar-power-financial-incentive-dropping\/","title":{"rendered":"Solar Power Financial Incentive Dropping"},"content":{"rendered":"<div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-one-full fusion-column-first fusion-column-last\" style=\"--awb-bg-size:cover;\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\"><div class=\"fusion-text fusion-text-1\"><p><img decoding=\"async\" class=\"lazyload alignright size-full wp-image-9764\" src=\"https:\/\/gold-coast-solar-power-solutions.com.au\/wp-content\/uploads\/2017\/09\/rec-solar-panels1.jpg\" data-orig-src=\"https:\/\/gold-coast-solar-power-solutions.com.au\/wp-content\/uploads\/2017\/09\/rec-solar-panels1.jpg\" alt=\"solar power STC financial incentive\" width=\"303\" height=\"205\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27303%27%20height%3D%27205%27%20viewBox%3D%270%200%20303%20205%27%3E%3Crect%20width%3D%27303%27%20height%3D%27205%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-srcset=\"https:\/\/gold-coast-solar-power-solutions.com.au\/wp-content\/uploads\/2017\/09\/rec-solar-panels1-300x203.jpg 300w, https:\/\/gold-coast-solar-power-solutions.com.au\/wp-content\/uploads\/2017\/09\/rec-solar-panels1.jpg 303w\" data-sizes=\"auto\" data-orig-sizes=\"(max-width: 303px) 100vw, 303px\" \/>The financial incentive for solar power systems is based on STCs which stands for Small-scale Technology Certificates. These STC&#8217;s can be created when a solar power system using eligible solar panels and solar inverters are installed by accredited solar installers. The number of STC&#8217;s created is determined by the size of the solar power system but it is also affected by which year it is installed in.<\/p>\n<h2 class=\"fusion-responsive-typography-calculated\" style=\"--fontsize: 34; line-height: 1.4; letter-spacing: 2px; font-size: 33.0833px;\" data-fontsize=\"34\" data-lineheight=\"47.6px\" data-fusion-font=\"true\">Solar power installation this year or next?<\/h2>\n<p>Every year until 2030 the amount of STC&#8217;s that can be created by installing solar panels will be dropping due to the each year being a year closer to 2030. Currently in 2017 we are eligible for a 14 year deeming period on STC&#8217;s due to the year 2030 ending 14 years away, so in 2018 the deeming period will drop to 13 years as 2030 creeps closer.<\/p>\n<h2 class=\"fusion-responsive-typography-calculated\" style=\"--fontsize: 34; line-height: 1.4; font-size: 33.0833px; letter-spacing: 2px;\" data-fontsize=\"34\" data-lineheight=\"47.6px\" data-fusion-font=\"true\">What does the STC deeming period mean to me?<\/h2>\n<p>Effectively what this all means to you is that if you hold off on installing a solar power system till next year you will be paying more. How much more depends on how large the solar power system is. For example a basic 5kW solar power system will currently be eligible for the STC financial incentive of $2,640 if installed in 2017, however come 2018 that incentive will drop to $2447.50. So exactly the same solar power system installed in 2018 will likely cost you an additional $192.50, and the larger the solar power system the greater the additional cost will be. Have a play with the following calculator to see what the difference will be for your solar power system.<\/p>\n<p><script type=\"text\/javascript\" src=\"https:\/\/gold-coast-solar-power-solutions.com.au\/wp-includes\/js\/jquery\/jquery.js\"><\/script><script type=\"text\/javascript\" src=\"https:\/\/gold-coast-solar-power-solutions.com.au\/wp-includes\/js\/jquery\/ui\/core.min.js\"><\/script><script type=\"text\/javascript\" src=\"https:\/\/gold-coast-solar-power-solutions.com.au\/wp-includes\/js\/jquery\/ui\/datepicker.min.js\"><\/script><script type=\"text\/javascript\" src=\"https:\/\/gold-coast-solar-power-solutions.com.au\/wp-includes\/js\/jquery\/ui\/tooltip.min.js\"><\/script><script type=\"text\/javascript\" src=\"https:\/\/gold-coast-solar-power-solutions.com.au\/wp-includes\/js\/jquery\/ui\/mouse.min.js\"><\/script><script type=\"text\/javascript\" src=\"https:\/\/gold-coast-solar-power-solutions.com.au\/wp-includes\/js\/jquery\/ui\/slider.min.js\"><\/script>\t\t\t\t\t<script type='text\/javascript'> if( typeof fbuilderjQuery == 'undefined' && typeof jQuery != 'undefined' ) fbuilderjQuery = jQuery;<\/script>\n\t\t\t\t\t<script type='text\/javascript' src='https:\/\/gold-coast-solar-power-solutions.com.au\/wp-content\/plugins\/calculated-fields-form\/vendors\/jquery.validate.js'><\/script>\n\t\t\t\t\t<script type='text\/javascript' src='https:\/\/gold-coast-solar-power-solutions.com.au\/wp-content\/plugins\/calculated-fields-form\/js\/cache\/all.js?ver=5.2.56'><\/script>\n\t\t\t\t\t\t\t\t\t<pre style=\"display:none !important;\"><script type='text\/javascript'>cp_calculatedfieldsf_fbuilder_config_1={\"obj\":{\"pub\":true,\"identifier\":\"_1\",\"messages\":{\"required\":\"This field is required.\",\"email\":\"Please enter a valid email address.\",\"datemmddyyyy\":\"Please enter a valid date with this format(mm\\\/dd\\\/yyyy)\",\"dateddmmyyyy\":\"Please enter a valid date with this format(dd\\\/mm\\\/yyyy)\",\"number\":\"Please enter a valid number.\",\"digits\":\"Please enter only digits.\",\"max\":\"Please enter a value less than or equal to {0}.\",\"min\":\"Please enter a value greater than or equal to {0}.\",\"previous\":\"Previous\",\"next\":\"Next\",\"pageof\":\"Page {0} of {0}\",\"audio_tutorial\":\"Help\",\"minlength\":\"Please enter at least {0} characters.\",\"maxlength\":\"Please enter no more than {0} characters.\",\"equalTo\":\"Please enter the same value again.\",\"accept\":\"Please enter a value with a valid extension.\",\"upload_size\":\"The file you've chosen is too big, maximum is {0} kB.\",\"phone\":\"Invalid phone number.\",\"currency\":\"Please enter a valid currency value.\"}}};<\/script><\/pre>\n\t\t\t\t<style>@media (max-width:480px){#cp_calculatedfieldsf_pform_1{min-height:1829px;}}@media (max-width:1024px){#cp_calculatedfieldsf_pform_1{min-height:712px;}}@media (min-width:1024px){#cp_calculatedfieldsf_pform_1{min-height:636px;}}<\/style><form name=\"cp_calculatedfieldsf_pform_1\" id=\"cp_calculatedfieldsf_pform_1\" action=\"https:\/\/gold-coast-solar-power-solutions.com.au\/posts\/solar-power-financial-incentive-dropping\/\" method=\"post\" enctype=\"multipart\/form-data\" onsubmit=\"return fbuilderjQuery.fbuilder.doValidate(this);\" class=\"cff-form \"  data-nonce=\"8617f54b7c\">\n<input type=\"hidden\" name=\"cp_calculatedfieldsf_pform_psequence\" value=\"_1\" \/>\n<input type=\"hidden\" name=\"cp_calculatedfieldsf_id\" value=\"14\" \/>\n<input type=\"hidden\" name=\"cp_ref_page\" value=\"https:\/\/gold-coast-solar-power-solutions.com.au\" \/>\n<pre style=\"display:none !important;\"><script type=\"text\/javascript\">form_structure_1=[[{\"form_identifier\":\"\",\"name\":\"fieldname2\",\"shortlabel\":\"\",\"index\":0,\"ftype\":\"fnumber\",\"userhelp\":\"\",\"audiotutorial\":\"\",\"userhelpTooltip\":false,\"tooltipIcon\":false,\"csslayout\":\"\",\"title\":\"Enter the kW rating of the solar panels - not the inverter kW rating:\",\"predefined\":\"5\",\"predefinedClick\":false,\"required\":true,\"exclude\":false,\"readonly\":false,\"numberpad\":false,\"spinner\":false,\"size\":\"small\",\"thousandSeparator\":\"\",\"decimalSymbol\":\".\",\"min\":\"\",\"max\":\"100\",\"step\":\"\",\"formatDynamically\":false,\"dformat\":\"number\",\"formats\":[\"digits\",\"number\",\"percent\"],\"fBuild\":{},\"parent\":\"\"},{\"form_identifier\":\"\",\"name\":\"fieldname3\",\"shortlabel\":\"\",\"index\":1,\"ftype\":\"fnumber\",\"userhelp\":\"\",\"audiotutorial\":\"\",\"userhelpTooltip\":false,\"tooltipIcon\":false,\"csslayout\":\"\",\"title\":\"STC Value* \",\"predefined\":\"38\",\"predefinedClick\":false,\"required\":true,\"exclude\":false,\"readonly\":false,\"numberpad\":false,\"spinner\":false,\"size\":\"small\",\"thousandSeparator\":\"\",\"decimalSymbol\":\".\",\"min\":\"\",\"max\":\"\",\"step\":\"\",\"formatDynamically\":false,\"dformat\":\"number\",\"formats\":[\"digits\",\"number\",\"percent\"],\"fBuild\":{},\"parent\":\"\"},{\"form_identifier\":\"\",\"name\":\"fieldname6\",\"shortlabel\":\"\",\"index\":2,\"ftype\":\"fnumber\",\"userhelp\":\"\",\"audiotutorial\":\"\",\"userhelpTooltip\":false,\"tooltipIcon\":false,\"csslayout\":\"\",\"title\":\"STC Deeming Period (8 years for 2023 installation, 7 years for 2024)\",\"predefined\":\"10\",\"predefinedClick\":false,\"required\":true,\"exclude\":false,\"readonly\":false,\"numberpad\":false,\"spinner\":false,\"size\":\"small\",\"thousandSeparator\":\"\",\"decimalSymbol\":\".\",\"min\":\"1\",\"max\":\"8\",\"step\":\"\",\"formatDynamically\":false,\"dformat\":\"digits\",\"formats\":[\"digits\",\"number\",\"percent\"],\"fBuild\":{},\"parent\":\"\"},{\"form_identifier\":\"\",\"name\":\"separator1\",\"shortlabel\":\"\",\"index\":3,\"ftype\":\"fSectionBreak\",\"userhelp\":\"\",\"audiotutorial\":\"\",\"userhelpTooltip\":false,\"tooltipIcon\":false,\"csslayout\":\"\",\"title\":\"\",\"fBuild\":{},\"parent\":\"\"},{\"dependencies\":[{\"rule\":\"\",\"complex\":false,\"fields\":[\"\"]}],\"form_identifier\":\"\",\"name\":\"fieldname5\",\"shortlabel\":\"\",\"index\":4,\"ftype\":\"fCalculated\",\"userhelp\":\"\",\"audiotutorial\":\"\",\"userhelpTooltip\":false,\"tooltipIcon\":false,\"csslayout\":\"\",\"title\":\"Number of STC's system is eligible for:\",\"predefined\":\"\",\"required\":false,\"exclude\":false,\"size\":\"medium\",\"eq\":\"FLOOR(fieldname1)\",\"min\":\"\",\"max\":\"\",\"suffix\":\"\",\"prefix\":\"\",\"decimalsymbol\":\".\",\"groupingsymbol\":\"\",\"readonly\":true,\"currency\":false,\"noEvalIfManual\":true,\"formatDynamically\":false,\"dynamicEval\":true,\"hidefield\":false,\"toolbar\":\"default|mathematical\",\"fBuild\":{},\"parent\":\"\"},{\"dependencies\":[{\"rule\":\"\",\"complex\":false,\"fields\":[\"\"]}],\"form_identifier\":\"\",\"name\":\"fieldname4\",\"shortlabel\":\"\",\"index\":5,\"ftype\":\"fCalculated\",\"userhelp\":\"\",\"audiotutorial\":\"\",\"userhelpTooltip\":false,\"tooltipIcon\":false,\"csslayout\":\"\",\"title\":\"Value of STC's\",\"predefined\":\"\",\"required\":false,\"exclude\":false,\"size\":\"medium\",\"eq\":\"prec(fieldname3*fieldname5,2)\",\"min\":\"\",\"max\":\"\",\"suffix\":\"\",\"prefix\":\"$\",\"decimalsymbol\":\".\",\"groupingsymbol\":\"\",\"readonly\":true,\"currency\":false,\"noEvalIfManual\":true,\"formatDynamically\":false,\"dynamicEval\":true,\"hidefield\":false,\"toolbar\":\"default|mathematical\",\"fBuild\":{},\"parent\":\"\"},{\"dependencies\":[{\"rule\":\"\",\"complex\":false,\"fields\":[\"\"]}],\"form_identifier\":\"\",\"name\":\"fieldname1\",\"shortlabel\":\"\",\"index\":6,\"ftype\":\"fCalculated\",\"userhelp\":\"\",\"audiotutorial\":\"\",\"userhelpTooltip\":false,\"tooltipIcon\":false,\"csslayout\":\"\",\"title\":\"Number of STC's before round down\",\"predefined\":\"\",\"required\":false,\"exclude\":false,\"size\":\"medium\",\"eq\":\"(fieldname2*1.382)*fieldname6\",\"min\":\"\",\"max\":\"\",\"suffix\":\"\",\"prefix\":\"\",\"decimalsymbol\":\".\",\"groupingsymbol\":\"\",\"readonly\":true,\"currency\":false,\"noEvalIfManual\":true,\"formatDynamically\":false,\"dynamicEval\":true,\"hidefield\":true,\"toolbar\":\"default|mathematical\",\"fBuild\":{},\"parent\":\"\"}],{\"0\":{\"title\":\"Solar Power System STC Calculator\",\"description\":\"This calculator is designed for solar power systems in SE QLD and Northern NSW - calculations for other areas of Australia may not be accurate.\",\"formlayout\":\"top_aligned\",\"formtemplate\":\"\",\"evalequations\":1,\"autocomplete\":1,\"customstyles\":\"\",\"persistence\":0,\"evalequationsevent\":2,\"loading_animation\":0,\"evalequations_delay\":0,\"animate_form\":0,\"animation_effect\":\"fade\"},\"formid\":\"cp_calculatedfieldsf_pform_1\"}];<\/script><\/pre>\n<div id=\"fbuilder\">\n\t\t<div id=\"fbuilder_1\">\n\t\t<div id=\"formheader_1\"><\/div>\n\t\t<div id=\"fieldlist_1\"><\/div>\n\t\t<div class=\"clearer\"><\/div>\n\t<\/div>\n<\/div>\n\t<div id=\"cp_subbtn_1\" class=\"cp_subbtn\" style=\"display:none;\"><\/div><div class=\"clearer\"><\/div>\n\t<input type=\"hidden\" id=\"_cpcff_public_nonce\" name=\"_cpcff_public_nonce\" value=\"67d2dceb0f\" \/><input type=\"hidden\" name=\"_wp_http_referer\" value=\"\/wp-json\/wp\/v2\/posts\/9760\" \/><\/form>\n\t\n*Solar STC value is based on market value, hence is subject to change without notice.<\/p>\n<h2 class=\"fusion-responsive-typography-calculated\" style=\"--fontsize: 34; line-height: 1.4; font-size: 33.0833px; letter-spacing: 2px;\" data-fontsize=\"34\" data-lineheight=\"47.6px\" data-fusion-font=\"true\">Why wait for Solar? Get the best financial incentive NOW!<\/h2>\n<p><a class=\"fusion-no-lightbox\" href=\"\/contact-us\/\"><img decoding=\"async\" class=\"lazyload aligncenter wp-image-9499 size-full\" src=\"https:\/\/gold-coast-solar-power-solutions.com.au\/wp-content\/uploads\/2021\/04\/contact-gcsps.jpg?_t=1724655453\" data-orig-src=\"https:\/\/gold-coast-solar-power-solutions.com.au\/wp-content\/uploads\/2021\/04\/contact-gcsps.jpg?_t=1724655453\" alt=\"Gold Coast Solar Power Solutions are the residential solar experts\" width=\"970\" height=\"250\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27970%27%20height%3D%27250%27%20viewBox%3D%270%200%20970%20250%27%3E%3Crect%20width%3D%27970%27%20height%3D%27250%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-srcset=\"https:\/\/gold-coast-solar-power-solutions.com.au\/wp-content\/uploads\/2021\/04\/contact-gcsps-200x52.jpg 200w, https:\/\/gold-coast-solar-power-solutions.com.au\/wp-content\/uploads\/2021\/04\/contact-gcsps-300x77.jpg 300w, https:\/\/gold-coast-solar-power-solutions.com.au\/wp-content\/uploads\/2021\/04\/contact-gcsps-400x103.jpg 400w, https:\/\/gold-coast-solar-power-solutions.com.au\/wp-content\/uploads\/2021\/04\/contact-gcsps-600x155.jpg 600w, https:\/\/gold-coast-solar-power-solutions.com.au\/wp-content\/uploads\/2021\/04\/contact-gcsps-768x198.jpg 768w, https:\/\/gold-coast-solar-power-solutions.com.au\/wp-content\/uploads\/2021\/04\/contact-gcsps-800x206.jpg 800w, https:\/\/gold-coast-solar-power-solutions.com.au\/wp-content\/uploads\/2021\/04\/contact-gcsps.jpg 970w\" data-sizes=\"auto\" data-orig-sizes=\"(max-width: 970px) 100vw, 970px\" \/><\/a><\/p>\n<p><a class=\"fusion-no-lightbox\" href=\"https:\/\/gold-coast-solar-power-solutions.com.au\/solar-power-battery-storage\/\"><img decoding=\"async\" class=\"lazyload aligncenter size-full wp-image-9318\" src=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27750%27%20height%3D%27148%27%20viewBox%3D%270%200%20750%20148%27%3E%3Crect%20width%3D%27750%27%20height%3D%27148%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-orig-src=\"https:\/\/gold-coast-solar-power-solutions.com.au\/wp-content\/uploads\/2021\/04\/solar-battery-banner.jpg\" alt=\"Learn more about solar power battery storage here\" width=\"750\" height=\"148\"><\/a><\/p>\n<p><a class=\"fusion-no-lightbox\" href=\"\/contact-us\/\"><img decoding=\"async\" class=\"lazyload alignleft wp-image-9183 size-full\" src=\"https:\/\/gold-coast-solar-power-solutions.com.au\/wp-content\/uploads\/2017\/06\/business-solar-power-experts-1.jpg?_t=1724655366\" data-orig-src=\"https:\/\/gold-coast-solar-power-solutions.com.au\/wp-content\/uploads\/2017\/06\/business-solar-power-experts-1.jpg?_t=1724655366\" alt=\"Gold Coast Solar Power Solutions are the business solar power experts\" width=\"754\" height=\"149\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns%3D%27http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%27%20width%3D%27754%27%20height%3D%27149%27%20viewBox%3D%270%200%20754%20149%27%3E%3Crect%20width%3D%27754%27%20height%3D%27149%27%20fill-opacity%3D%220%22%2F%3E%3C%2Fsvg%3E\" data-srcset=\"https:\/\/gold-coast-solar-power-solutions.com.au\/wp-content\/uploads\/2017\/06\/business-solar-power-experts-1-300x59.jpg 300w, https:\/\/gold-coast-solar-power-solutions.com.au\/wp-content\/uploads\/2017\/06\/business-solar-power-experts-1-750x149.jpg 750w, https:\/\/gold-coast-solar-power-solutions.com.au\/wp-content\/uploads\/2017\/06\/business-solar-power-experts-1.jpg 754w\" data-sizes=\"auto\" data-orig-sizes=\"(max-width: 754px) 100vw, 754px\" \/><\/a><\/p>\n<\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[1,4],"tags":[945,948,946,947],"class_list":["post-9760","post","type-post","status-publish","format-standard","hentry","category-posts","category-solar-power","tag-solar-panel-financial-incentive","tag-solar-panel-rebates","tag-solar-power-financial-incentive","tag-solar-power-rebates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Solar Power Financial Incentive Dropping - Get in now!<\/title>\n<meta name=\"description\" content=\"Are you aware that the financial incentive for installing solar power will be lower in 2018? 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