1. Small-scale Renewable Energy Scheme (SRES): This Rebate provides financial incentives for the installation of small-scale renewable energy systems, including Solar panels. Under this scheme, homeowners can create Small-scale Technology Certificates (STCs) for their Solar systems and sell them to electricity retailers. The value of the STCs decreases over time, providing a higher Rebate for early adopters.
2. Feed-in Tariffs (FiTs): FiTs are payments made to Solar system owners for the excess electricity they generate and feed back into the grid. The rate varies depending on the state or territory, with some offering a flat rate and others offering a time-varying rate. FiTs can significantly reduce electricity bills and encourage the adoption of Solar energy.
3. Low-income Household Solar Rebate: This Rebate is aimed at low-income households and provides financial assistance for the installation of Solar panels. The Rebate amount varies depending on the state or territory and household income, but it helps make Solar energy more affordable for those who may not have the means to invest in it otherwise.
4. Solar Homes Program: This program, available in Victoria, offers subsidies and interest-free loans for installing Solar panels. It aims to help homeowners reduce their electricity bills and transition to renewable energy.
5. Solar for Rentals Program: This program, available in South Australia, provides financial incentives for landlords to install Solar systems on their rental properties. It aims to make Solar energy accessible to renters and increase the adoption of Solar energy in the rental market.
These are just a few examples of the Solar rebates and incentives available in Australia. The availability and details of these programs may vary depending on the state or territory, so it’s essential to check with local authorities or relevant government websites for specific information.
