In a scenario where your system is producing more electricity than you are consuming at that point in time, the excess electricity can be sold to the grid as a credit to you. This payment is commonly referred to as FiT.
Pristine Solar takes care of all connection paperwork and procedures post-installation to oversee this process.
Under the Small-scale Renewable Energy Scheme, eligible energy systems are entitled to a number of STCs. The number of certificates that can be created per system is based on the geographical location, installation year, and the amount of electricity generated by the system over a single maximum deeming period. As a guide, one certificate is equivalent to one megawatt hour (MWh) of eligible renewable electricity either generated or displaced by the system. Once created and validated, these certificates act as a form of currency that can be sold to recoup a portion of the cost of purchasing and installing the system, or transferred to other individuals and businesses at a negotiated price. Most customers choose to exchange their STCs for an upfront discount on their PV system at the point-of-sale.
Please note: This animation is a rough indication of the STC Zones.
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