This is the 1 simple truth your power company doesn’t want you to know. There is a policy that qualifies homeowners who live in specific postcodes to be eligible for $1000s of Government funding to install solar panels; the Solar Credits Subsidy*. Has your power company told you that?

The Solar Credits Subsidy is primarily based on Renewable Energy Certificates (RECs), also known as small-scale technology certificates (STCs). Despite often being referred to as a “solar rebate”, the Solar Credits Subsidy is structured differently than other financial incentives in the solar industry. The financial benefit generated from these certificates is included in the advertised solar package costs and offered as a point of sale discount. Ultimately, this saves you the hassle of having to post-purchase the certificates, and also reduces the initial capital outlay.

When homeowners check whether they qualify at 3Quotes, many are shocked that this subsidy could cover a lot of costs associated with the installation. So with a lot of help from the government, you could be on your way to significantly reducing your electricity bill in a matter of weeks.

Steven Jenkins, an authority on everything related to Solar Energy replacement, set out to do some research and determine whether this program lives up to its reputations. A year after installing solar Steven was able to report back on his findings, with his most exciting of which being that he is now going to save $587.87 a quarter on his own energy bill, and there are many other people who have done the same and even better. Some data on the bills below have been blurred due to privacy reasons.