1. Small-scale Renewable Energy Scheme (SRES): This scheme provides a financial incentive to homeowners and small businesses for installing small-scale renewable energy systems, including Solar panels. The incentive is provided in the form of Small-scale Technology Certificates (STCs), which can be sold to electricity retailers to offset the cost of the system.
2. Feed-in Tariffs (FiTs): Many states and territories in Australia offer feed-in tariffs, which allow Solar system owners to earn money by feeding excess electricity generated by their Solar panels back into the grid. The rate at which electricity is purchased varies depending on the region.
3. State-specific Solar rebates: Some states and territories in Australia offer additional rebates and incentives for installing Solar panels. For example, the New South Wales government offers the Solar for Low Income Households Program, which provides subsidies for eligible low-income households to install Solar systems.
4. Solar loans and financing options: Some financial institutions in Australia offer low-interest loans and financing options specifically for Solar installations. These loans help homeowners and businesses overcome the upfront cost of installing Solar panels.
5. Solar Panel Grants: Some local councils and community organizations provide grants or funding programs to support the installation of Solar panels. These grants are often targeted towards specific groups, such as schools or community centers.
It is important to note that the availability and details of these rebates and incentives may vary depending on the state or territory, as well as the specific eligibility criteria. It is recommended to check with the relevant government or regulatory bodies for the most up-to-date information.