STC value by zone and system size.

Certificates = kW × zone rating × deeming years, rounded down. 2026 installs get 5 years, 2027 installs get 4. Valued at $37 a certificate, a few dollars under the 2026 spot price to allow for trader fees. Zone 3 (rating 1.382): Bendigo, Ballarat, Shepparton, Mildura, plus parts of Melbourne's north and west such as Craigieburn, Epping, Melton and Sunbury. Zone 4 (rating 1.185): most of Melbourne, Geelong, Gippsland and Warrnambool. Zones from the Clean Energy Regulator's postcode table, checked 23 September 2026.

Certificates and value, 2026 installs (5-year deeming), $37 a certificate
System sizeZone 3 certificatesZone 3 valueZone 4 certificatesZone 4 value
5 kW34$1,25029$1,050
8 kW55$2,05047$1,750
10 kW69$2,55059$2,200
13.2 kW91$3,35078$2,900
The same systems installed in 2027 (4-year deeming)
System sizeZone 3 certificatesZone 3 valueZone 4 certificatesZone 4 value
5 kW27$1,00023$850
8 kW44$1,65037$1,350
10 kW55$2,05047$1,750
13.2 kW72$2,65062$2,300
Which zone a Victorian postcode is in
PostcodesZoneRating
3000 to 3035Zone 41.185
3036 to 3038Zone 31.382
3039 to 3044Zone 41.185
3045Zone 31.382
3046Zone 41.185
3047 to 3049Zone 31.382
3050 to 3058Zone 41.185
3059Zone 31.382
3060Zone 41.185
3061 to 3064Zone 31.382
3065 to 3074Zone 41.185
3075 to 3076Zone 31.382
3077 to 3098Zone 41.185
3099Zone 31.382
3100 to 3292Zone 41.185
3293 to 3302Zone 31.382
3303 to 3308Zone 41.185
3309 to 3319Zone 31.382
3320 to 3333Zone 41.185
3334 to 3337Zone 31.382
3338 to 3339Zone 41.185
3340 to 3758Zone 31.382
3759 to 3760Zone 41.185
3761 to 3764Zone 31.382
3765 to 3999Zone 41.185

Source: Clean Energy Regulator postcode zone ratings. Victorian postcodes are mapped today; Zones 1 and 2 and the other states follow as each range is checked. How many systems each postcode already has is on solar installs by postcode.