{"id":1441,"date":"2012-04-12T21:35:50","date_gmt":"2012-04-12T12:05:50","guid":{"rendered":"http:\/\/www.solarquotes.com.au\/blog\/?p=1441"},"modified":"2017-05-02T10:39:51","modified_gmt":"2017-05-02T00:09:51","slug":"the-inflated-stc-price-scam-the-solar-cowboys-favourite-trick","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/the-inflated-stc-price-scam-the-solar-cowboys-favourite-trick\/","title":{"rendered":"The inflated STC Price Scam : The Solar Cowboy&#8217;s Favourite Trick?"},"content":{"rendered":"<div id=\"attachment_1442\" style=\"width: 315px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2012\/04\/solar_cowboy.jpg\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1442\" class=\"size-full wp-image-1442\" src=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2012\/04\/solar_cowboy.jpg\" alt=\"a cowboy\" width=\"305\" height=\"394\" \/><\/a><p id=\"caption-attachment-1442\" class=\"wp-caption-text\">Don&#8217;t fall for it!<\/p><\/div>\n<p>I&#8217;m angry.<\/p>\n<p>I get<strong> a lot <\/strong>of emails asking for me to look over quotes. I try to\u00a0answer every one. Sometimes it takes a couple of weeks to reply, but generally I manage to reply.<\/p>\n<p>Tonight I got 3 emails in a row with quotes from 3 separate companies which all appeared to be trying the same trick. They appear to be deceiving the customer into thinking they are getting a great deal and then hitting them with a bill for thousands more than the quoted price when the system is installed.<\/p>\n<p>I love the solar industry, and to see these guys operating like this makes me so freaking angry I want to scream!<!--more--><\/p>\n<p><strong>Ladies and Gentlemen, tonight I present to you THE INFLATED STC PRICE SCAM&#8230;<\/strong><\/p>\n<p>In a nutshell:They quote a low price based on a $40 STC price, then they use the current (much lower) rebate prices to jack up your final price.<\/p>\n<p><strong>How to Foil \u00a0&#8220;The Inflated STC Price&#8221;<\/strong><\/p>\n<p>Remember that the amount of rebate that you get is based on the price of a thing called an STC certificate, which changes from day to day, just like stock prices can.<\/p>\n<p>Read the contract carefully to find out what STC price the total system price is based on.\u00a0 You can see today&#8217;s STC price <a href=\"http:\/\/www.greenenergytrading.com.au\/certificates\/todays-pricing\">here<\/a>.<\/p>\n<p><strong>If they are quoting a $40 STC price then alarm bells should start to ring.<\/strong> At time of writing (April 2012) the STC price is $28. It hasn&#8217;t been $40 for years. $40 is the government mandated maximum price that STC will be capped at if they ever go that high (unlikely).<\/p>\n<p>If they are quoting based on a $40 STC price you can be almost certain that the STC price quoted is not guaranteed.<\/p>\n<p>What does that mean? Well let&#8217;s go through the quote I am looking at now for \u00a0a 1.5kW system:<\/p>\n<div>\n<blockquote><p>RECS DISCOUNT ( 94 @ 40.00 ) &#8211; Zone 3<\/p>\n<p>Unit Price $-40.00<\/p>\n<p>Total Rebate: $-3,760<\/p><\/blockquote>\n<p>If the system is installed next week, the solar &#8220;company&#8221; will be lucky to get $27 for the STCs from the aggregator.<\/p>\n<p>So the rebate will only be 94 STCs @ $27 = $2,538<\/p>\n<p>That is $1,222 less than the rebate used to calculate the quoted price.<\/p>\n<p>So you are in all likelihood going to have $1,222 added to your invoice. Surprise!<\/p>\n<p>Nice eh?<\/p>\n<p>And if you are looking at a bigger system the discrepancy could be many thousands of dollars.<\/p>\n<p>&#8212;&#8212;<\/p>\n<p><strong>Please Note:<\/strong><\/p>\n<p>I&#8217;m not saying that all installers who don&#8217;t guarantee their STC price are cowboys. \u00a0Some installers will guarantee the STC price in the quote, some won&#8217;t.\u00a0It is the ones that knowingly quote $40 when they know the current STC price is a lot lower that are the ones to watch out for.<\/p>\n<p>But if they don&#8217;t guarantee the STC price then the good guys will be totally upfront and transparent that the final amount payable may go up (or down) based on the STC price on the day of the install. No hide the salami!<\/p>\n<p>If paying a fixed price is important to you &#8211; then you should choose an installer who guarantees the STC price quoted. If there is any doubt then don&#8217;t be afraid to circle the price in pen and add the comment &#8216;This contract is signed for this fixed price only&#8217;. And remember to keep a copy!<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The latest trick in the solar cowboys arsenal is known as the inflated STC price scam. Lear how to spot it and avoid it here.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[57],"tags":[112,58,33],"class_list":["post-1441","post","type-post","status-publish","format-standard","hentry","category-solar-installation","tag-buyers-guide","tag-solar-cowboys","tag-solar-rebates","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>The inflated STC Price Scam : The Solar Cowboy&#039;s Favourite Trick? - SolarQuotes Blog<\/title>\n<meta name=\"description\" content=\"Tonight I got 3 emails in a row with quotes from 3 separate solar companies which all appeared to be trying the same trick. Learn what it is here.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.solarquotes.com.au\/blog\/the-inflated-stc-price-scam-the-solar-cowboys-favourite-trick\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The inflated STC Price Scam : The Solar Cowboy&#039;s Favourite Trick?\" \/>\n<meta property=\"og:description\" content=\"Tonight I got 3 emails in a row with quotes from 3 separate solar companies which all appeared to be trying the same trick. Learn what it is here.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.solarquotes.com.au\/blog\/the-inflated-stc-price-scam-the-solar-cowboys-favourite-trick\/\" \/>\n<meta property=\"og:site_name\" content=\"SolarQuotes Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SolarQuotes\/\" \/>\n<meta property=\"article:published_time\" content=\"2012-04-12T12:05:50+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2017-05-02T00:09:51+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2012\/04\/solar_cowboy.jpg\" \/>\n<meta name=\"author\" content=\"Finn Peacock\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@FinnPeacock\" \/>\n<meta name=\"twitter:site\" content=\"@solar_quotes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/the-inflated-stc-price-scam-the-solar-cowboys-favourite-trick\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/the-inflated-stc-price-scam-the-solar-cowboys-favourite-trick\/\"},\"author\":{\"name\":\"Finn Peacock\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#\/schema\/person\/495c35fb3086e6ef93220dcf2472b178\"},\"headline\":\"The inflated STC Price Scam : The Solar Cowboy&#8217;s Favourite Trick?\",\"datePublished\":\"2012-04-12T12:05:50+00:00\",\"dateModified\":\"2017-05-02T00:09:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/the-inflated-stc-price-scam-the-solar-cowboys-favourite-trick\/\"},\"wordCount\":574,\"commentCount\":27,\"publisher\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/the-inflated-stc-price-scam-the-solar-cowboys-favourite-trick\/#primaryimage\"},\"thumbnailUrl\":\"http:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2012\/04\/solar_cowboy.jpg\",\"keywords\":[\"buyers guide\",\"Solar Cowboys\",\"Solar Rebates\"],\"articleSection\":[\"Solar Installation\"],\"inLanguage\":\"en-AU\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.solarquotes.com.au\/blog\/the-inflated-stc-price-scam-the-solar-cowboys-favourite-trick\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/the-inflated-stc-price-scam-the-solar-cowboys-favourite-trick\/\",\"url\":\"https:\/\/www.solarquotes.com.au\/blog\/the-inflated-stc-price-scam-the-solar-cowboys-favourite-trick\/\",\"name\":\"The inflated STC Price Scam : The Solar Cowboy's Favourite Trick? - SolarQuotes Blog\",\"isPartOf\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/the-inflated-stc-price-scam-the-solar-cowboys-favourite-trick\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/the-inflated-stc-price-scam-the-solar-cowboys-favourite-trick\/#primaryimage\"},\"thumbnailUrl\":\"http:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2012\/04\/solar_cowboy.jpg\",\"datePublished\":\"2012-04-12T12:05:50+00:00\",\"dateModified\":\"2017-05-02T00:09:51+00:00\",\"description\":\"Tonight I got 3 emails in a row with quotes from 3 separate solar companies which all appeared to be trying the same trick. 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I started SolarQuotes in 2009 and the SolarQuotes blog in 2013 with the belief that it\u2019s more important to be truthful and objective than popular. My last \"real job\" was working for the CSIRO in their renewable energy division. Since 2009, I\u2019ve helped over 800,000 Aussies get quotes for solar from installers I trust. Read my full bio.","sameAs":["https:\/\/www.solarquotes.com.au\/","https:\/\/x.com\/FinnPeacock"],"url":"https:\/\/www.solarquotes.com.au\/blog\/author\/admin\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p2FF2s-nf","jetpack-related-posts":[{"id":13341,"url":"https:\/\/www.solarquotes.com.au\/blog\/stc-prices-solar-subsidy-mb0133\/","url_meta":{"origin":1441,"position":0},"title":"STC Prices Plummet &#8211; The Impact On Australia&#8217;s Solar Subsidy","author":"Michael Bloch","date":"July 20, 2017","format":false,"excerpt":"A sudden reduction in the value of certificates upon which solar subsidies in Australia are based has resulted in some solar companies needing to re-issue recent quotes. Australia's major subsidy for small-scale systems, sometimes referred to as the \"solar rebate\", shouldn't be confused with solar feed in tariffs - those\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"STC values impacting Australia's solar subsidy","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/07\/stc-value-solar-subsidy.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/07\/stc-value-solar-subsidy.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/07\/stc-value-solar-subsidy.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/07\/stc-value-solar-subsidy.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":1080,"url":"https:\/\/www.solarquotes.com.au\/blog\/the-stc-price-is-your-solar-installer-ripping-you-off\/","url_meta":{"origin":1441,"position":1},"title":"The STC Price: Is Your Solar Installer Ripping You Off?","author":"Finn Peacock","date":"February 17, 2012","format":false,"excerpt":"Short Answer: Probably Not. Longer Answer: Ah, the joys of STC prices! Every so often I get an email from someone who is desperately worried that their solar installer is using the STC price to rip them off. The suspicion is usually kicked off by one of two things: 1)\u00a0The\u2026","rel":"","context":"In &quot;Solar Installation&quot;","block_context":{"text":"Solar Installation","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-installation\/"},"img":{"alt_text":"A solar crook","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2012\/02\/solar-crook.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":53001,"url":"https:\/\/www.solarquotes.com.au\/blog\/buying-solar-stc-mb2116\/","url_meta":{"origin":1441,"position":2},"title":"Strong STC Prices Good News For Solar Buyers","author":"Michael Bloch","date":"August 16, 2021","format":false,"excerpt":"In good news for Australians considering going solar, prices for STCs continue to remain high. So, what is an STC and why is a high price a good thing? Australia's popular solar rebate (actually an up-front subsidy) that can knock thousands off the cost of installing panels is based on\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Solar power and STC prices","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/08\/stc-solar-prices.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/08\/stc-solar-prices.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/08\/stc-solar-prices.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/08\/stc-solar-prices.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/08\/stc-solar-prices.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":26321,"url":"https:\/\/www.solarquotes.com.au\/blog\/stc-regulator-solar-mb0852\/","url_meta":{"origin":1441,"position":3},"title":"Fresh Regulator Warning On Non-Existent Solar Installations","author":"Michael Bloch","date":"December 5, 2018","format":false,"excerpt":"Australia's Clean Energy Regulator has again warned registered REC agents to ensure solar power systems that STCs are created for actually exist. Australia\u2019s major solar subsidy is based on Small-scale Technology Certificates (STCs) that have a value usually traded at the point of sale for a discount on a solar\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Small scale technology certificate scam","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/12\/stc-solar-scam.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/12\/stc-solar-scam.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/12\/stc-solar-scam.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/12\/stc-solar-scam.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/12\/stc-solar-scam.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":20726,"url":"https:\/\/www.solarquotes.com.au\/blog\/regulator-stc-solar-mb0540\/","url_meta":{"origin":1441,"position":4},"title":"Regulator Issues Agent Warning On Non-Existent Solar Installations","author":"Michael Bloch","date":"April 11, 2018","format":false,"excerpt":"Australia's Clean Energy Regulator has alerted registered agents of a scam involving the creation of small-scale technology certificates (STCs) for solar power systems that don't exist. Australia's major solar subsidy is based on STCs, the value of which are usually traded for a point of sale discount on a solar\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"STC compliance - solar panels","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/04\/solar-stc-compliance.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/04\/solar-stc-compliance.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/04\/solar-stc-compliance.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/04\/solar-stc-compliance.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":13384,"url":"https:\/\/www.solarquotes.com.au\/blog\/can-an-installer-change-the-quoted-price-of-my-solar-system\/","url_meta":{"origin":1441,"position":5},"title":"Can An Installer Change The Quoted Price Of My Solar System?","author":"Ronald Brakels","date":"July 25, 2017","format":false,"excerpt":"I'm going to ask you to imagine preparing to buy a rooftop solar system.\u00a0 I want you to see yourself working hard, saving your money, doing your research, and getting yourself some quotes.\u00a0 After careful consideration, you decide upon an installer, sign the contract, and transfer a 10% deposit to\u2026","rel":"","context":"In &quot;Solar Installation&quot;","block_context":{"text":"Solar Installation","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-installation\/"},"img":{"alt_text":"stc price","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/07\/stc-market.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/07\/stc-market.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/07\/stc-market.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/07\/stc-market.png?resize=700%2C400&ssl=1 2x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/1441","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/comments?post=1441"}],"version-history":[{"count":13,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/1441\/revisions"}],"predecessor-version":[{"id":4328,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/1441\/revisions\/4328"}],"wp:attachment":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media?parent=1441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/categories?post=1441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/tags?post=1441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}