1. Small-scale Renewable Energy Scheme (SRES): The SRES provides a financial incentive for households, small businesses, and community organizations to install small-scale renewable energy systems, including Solar panels. It operates through the creation of small-scale technology certificates (STCs), which can be traded for cash or used to reduce the upfront cost of installing a Solar system.
2. Feed-in Tariffs (FiTs): Many Australian states and territories offer feed-in tariffs, which allow households and businesses to receive a payment for excess electricity generated by their Solar panels that is fed back into the grid. The rates and structure of FiTs vary between jurisdictions.
3. Solar Homes and Communities Plan: This program provides rebates for the installation of Solar panels and battery storage systems in eligible low-income households, as well as grants for community organizations to install renewable energy systems.
5. Renewable Energy Target (RET): The RET is a federal government policy that mandates a certain percentage of Australia’s electricity must come from renewable sources, including Solar. The RET helps to drive investment in large-scale Solar projects and supports the growth of the industry.
6. State-based incentives: Each state and territory in Australia may also offer their own additional incentives and rebates to encourage the adoption of Solar energy. These can include grants, interest-free loans, and other financial support.
It is worth noting that the availability and details of these rebates and incentives can change over time, so it is important to check with relevant government authorities or consult a Solar installer for the most up-to-date information.