1. Small-scale Renewable Energy Scheme (SRES): This scheme provides financial incentives in the form of Small-scale Technology Certificates (STCs) to households and businesses that install eligible small-scale renewable energy systems such as Solar panels. The number of STCs received depends on the size of the system and its location.
2. Feed-in Tariffs (FiTs): Many Australian states and territories offer feed-in tariffs, which allow Solar system owners to sell excess electricity generated by their systems back to the grid at a premium rate. The rates and conditions vary between jurisdictions.
4. Energy Efficiency Certificates (VEECs and ESCs): These certificates can be obtained by implementing energy-efficiency measures in homes and businesses. They can then be sold to energy retailers, providing financial incentives for energy-saving actions.
5. Government Grants: Various government grants are available to support the installation of Solar energy systems in specific sectors, such as agriculture, schools, and community organizations. These grants aim to reduce energy costs and greenhouse gas emissions.
6. State-specific incentives: Different states and territories in Australia offer their own Solar rebates and incentives. For example, the New South Wales Solar Battery Scheme provides interest-free loans for eligible households to install battery storage systems.
It’s important to note that the availability, eligibility criteria, and levels of these rebates and incentives may vary over time and between different regions. It’s recommended to check with your local government or relevant authorities for the most up-to-date information.