In Australia, there are several solar rebates and incentives available to encourage the adoption of solar energy. These rebates can help reduce the upfront cost of installing solar panels and make solar power more affordable for homeowners and businesses.

January 6, 2024by Luke0

One of the main Solar rebates available in Australia is the federal government’s Small-scale Renewable Energy Scheme (SRES). Under this scheme, households and businesses that install small-scale Solar panel systems (up to 100 kW) are eligible to receive Small-scale Technology Certificates (STCs). These certificates can be sold or traded to recoup a portion of the upfront installation cost.

The number of STCs you can receive depends on the size of your Solar system and the region you are in. The more STCs you receive, the greater the financial benefit. The value of STCs fluctuates based on supply and demand, so it is important to keep an eye on the market to maximize your Rebate.

In addition to the federal scheme, some state governments offer their own Solar rebates and incentives. For example, the Victorian government offers the Solar Homes Program, which provides rebates for households to install Solar panels or Solar hot water systems. New South Wales has the Empowering Homes Program, which offers interest-free loans to eligible homeowners to install Solar battery systems.

Furthermore, some electricity retailers offer feed-in tariffs, where homeowners and businesses receive a credit on their electricity bill for the excess Solar energy they feed back into the grid. These tariffs can help offset the cost of installing Solar panels by providing ongoing financial benefits.

It’s important to note that these rebates and incentives can change over time, so it’s recommended to check with relevant government websites or consult with Solar installation companies for the most up-to-date information.

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