In Australia, the main solar rebate program is the Small-scale Renewable Energy Scheme (SRES), which is administered by the Clean Energy Regulator. Under this scheme, eligible solar panel owners can create small-scale technology certificates (STCs) for the electricity their system generates. These certificates can then be sold to electricity retailers, who are required by law to purchase a certain number of certificates each year.

April 6, 2024by Luke0

The amount of STCs created depends on the size of the Solar panel system and its location, with more certificates available for systems in areas with higher Solar radiation. The price of STCs is not fixed and can fluctuate based on supply and demand in the market.

To be eligible for the SRES, Solar panel systems must be installed by a Clean Energy Council accredited installer and meet certain quality and safety standards. The Rebate amount available under the scheme can vary depending on factors such as the size of the system, the location, and the year of installation.

In addition to the SRES, some states and territories in Australia also offer their own rebates and incentives for Solar panel installations. These programs can provide additional financial support to homeowners and businesses looking to invest in Solar energy.

Overall, the SRES and other Rebate programs play a crucial role in driving the uptake of Solar energy in Australia, helping to reduce greenhouse gas emissions, lower electricity bills, and create a more sustainable and resilient energy system.

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