Under the Federal Governments Renewable Energy Target scheme, businesses can install solar systems that are heavily subsidised. Depending on your location and the system installed, this can potentially cover over 50% of the cost of the system. The scheme is separated into two sectors – Small-Scale (under 100kW installations) and Large-Scale (over 100kW installations).
Small-Scale installations are eligible for Small-scale Technology Certificates (STC’s) which provide an upfront discount on the cost of a system, to significantly improve the ROI. Todae Solar claims STC’s on your behalf – STC’s can cover up to 50% of the system cost to a value of over $70,000.
Large-scale installations are eligible for Large-scale Generation Certificates (LGC’s) which are provided to businesses on an ongoing basis until 2030. Each year, Todae Solar will create, register and sell LGC’s on your behalf – to provide your business with an ongoing revenue stream from solar. The Net Present Value of these LGC’s over the lifetime of the system may cover up to 60% of the upfront cost.