1. Small-scale Renewable Energy Scheme (SRES): This is a federal government initiative that provides a financial incentive to households and small businesses for installing small-scale renewable energy systems, including Solar panels. The incentive is provided in the form of Small-scale Technology Certificates (STCs), which can be sold or traded to offset the upfront cost of the system.
2. Feed-in Tariffs (FiTs): Many states and territories in Australia offer feed-in tariffs, which allow Solar system owners to receive a credit or payment for excess electricity generated by their system that is fed back into the grid. The rates and eligibility criteria for FiTs vary by state.
3. Solar Homes and Communities Plan: This program, offered by the federal government, provides grants and financial incentives to community organizations, schools, and low-income households for installing Solar energy systems. The program aims to increase the uptake of Solar energy in these sectors.
4. Victorian Solar Homes Program: The state government of Victoria offers rebates and interest-free loans for the installation of Solar panels through the Solar Homes Program. The program aims to make Solar energy more affordable and accessible to Victorian households.
5. Home Battery Scheme: Several states, including South Australia and Queensland, offer incentives and grants for the installation of home battery storage systems alongside Solar panels. These incentives aim to promote the adoption of energy storage technologies and increase self-consumption of Solar energy.
6. Renewable Energy Target (RET): The RET is a federal government policy that requires a certain percentage of Australia’s electricity to come from renewable sources. This policy indirectly supports the uptake of Solar energy by creating a demand for renewable energy certificates, which can be generated by Solar system owners and sold to electricity retailers.
It is important to note that the availability and details of these rebates and incentives can change over time, so it is recommended to check with relevant government departments or energy authorities for the most up-to-date information.