In Australia, solar rebates are available through the national Small-scale Renewable Energy Scheme (SRES). This scheme provides financial incentives to households and small businesses that install eligible small-scale renewable energy systems, including solar panels.

January 14, 2024by Luke0

The Small-scale Renewable Energy Scheme (SRES) in Australia is designed to encourage the uptake of small-scale renewable energy systems, such as Solar panels, by providing financial incentives in the form of rebates. These rebates help offset the upfront costs of installing renewable energy systems, making them more affordable for households and small businesses.

Under the SRES, eligible small-scale renewable energy systems are allocated a certain number of Small-scale Technology Certificates (STCs) based on their energy generation capacity. These STCs can then be traded on the open market or sold to registered agents, who can create and sell them to meet their own obligations under the scheme. The value of STCs varies depending on market demand and supply.

To be eligible for the Solar Rebate, the Solar panels installed must meet specific criteria, such as being on the Clean Energy Council’s list of approved products and being installed by a qualified installer. The rebates are available for both grid-connected and off-grid Solar panel installations.

The amount of Rebate that can be claimed depends on various factors, including the size of the Solar system and its location. The Rebate is typically calculated based on the number of STCs that can be created from the installed system.

It’s important to note that the SRES is subject to regular updates and changes, so it’s always recommended to check with the relevant authorities or consult a qualified installer for the most up-to-date information regarding Solar rebates in Australia.

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