Renewable energy certificates called Small Technology Certificates (STC) are generated by you when you install a Solar PV System. Each STC equates to 1 Megawatt hours (1000 kWh) of energy your system can produce in the period to 2030 up to a maximum of 15 years. NICHE Solar applies for these STCs on behalf and this provides you with a discount upfront, thereby reducing your initial NICHE Solar PV System investment cost.
State governments pay you(the customer of the electricity power retailer) for any excess or unused solar power exported to the electricity grid.
The current FIT in Western Australia(WA) is: 3c to 10c/kWH.
NOTE: This tariff(WA) is on the proviso that your Solar Inverter has a 5kW max output.
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