1. Small-scale Renewable Energy Scheme (SRES): This scheme provides financial incentives to individuals and small businesses to install eligible renewable energy systems, including Solar panels. The incentive is in the form of Small-scale Technology Certificates (STCs), which can be sold or traded.
2. Feed-in Tariffs (FiTs): Many states and territories in Australia offer FiTs, which allow Solar system owners to receive payments for excess electricity they feed back into the grid. The rates and conditions vary depending on the location.
3. Solar Homes and Communities Plan: This program provides funding to install Solar panels on community buildings, such as schools, hospitals, and sporting facilities. It aims to reduce energy costs and promote renewable energy adoption.
4. Solar for Low Income Households Program: This initiative offers support to low-income households to install Solar power systems through grants or discounted systems. It helps reduce energy costs for vulnerable communities.
5. Solar Hot Water Rebate: Some states offer rebates or incentives for installing Solar hot water systems, which can significantly reduce energy consumption for heating water.
6. State-specific incentives: Each state and territory in Australia may have additional incentives or rebates for Solar power installations. These can include grants, interest-free loans, or other financial assistance programs.
It is important to note that the availability and details of these incentives may change over time, and it is recommended to check with relevant government agencies or consult a Solar installer for the most up-to-date information.
