In Australia, solar rebates are available through the federal government’s Small-scale Renewable Energy Scheme (SRES). Under this scheme, homeowners and small businesses are eligible for Small-scale Technology Certificates (STCs) when they install solar panels or solar water heaters.

January 28, 2024by Luke0

These STCs can be sold or traded to offset the cost of the Solar system installation. The number of STCs received depends on the size of the system and its location, with more certificates given for systems in areas with less access to electricity. The value of each STC is determined by supply and demand in the market.

To be eligible for the Solar Rebate, the system must be installed by a Clean Energy Council accredited installer and meet certain technical requirements. The scheme aims to encourage the uptake of renewable energy and reduce greenhouse gas emissions.

The process of claiming the Solar Rebate involves several steps. Firstly, the customer must purchase and install the Solar system from an accredited installer. The installer will then create the STCs based on the system’s size and location. These STCs can be assigned to the customer, who can either use them to reduce the upfront cost of the system or sell them on the open market.

To sell the STCs, the customer must register the system with the Clean Energy Regulator and create a STC Assignment Form. This form is then submitted to a registered agent who will verify the information and purchase the STCs at an agreed price. The customer can choose to sell the STCs themselves or use a registered agent to handle the process.

Overall, the Solar Rebate provided through the Small-scale Renewable Energy Scheme makes Solar panel and Solar water heater installations more affordable for homeowners and small businesses in Australia. It encourages the adoption of renewable energy and contributes to the country’s overall sustainability goals.

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