Rebates and incentives for Solar energy installations can help offset the initial cost of purchasing and installing Solar panels. In Australia, there are various rebates and incentives available at both the federal and state levels to encourage the adoption of Solar energy.
One of the most well-known federal incentives in Australia is the Small-scale Renewable Energy Scheme (SRES), which provides financial incentives in the form of Small-scale Technology Certificates (STCs) for eligible Solar energy systems. The number of STCs that can be claimed depends on factors such as the location of the installation, the size of the system, and the date of installation.
In addition to federal incentives, some state governments in Australia also offer their own rebates and incentives for Solar energy installations. For example, the New South Wales government offers the Solar Homes Program, which provides interest-free loans for Solar and battery storage systems, as well as the Solar for Low Income Households Program, which provides rebates for low-income households to install Solar panels.
Overall, taking advantage of rebates and incentives can help make Solar energy more affordable and accessible for homeowners and businesses in Australia. By reducing the upfront cost of installation, these financial incentives can help accelerate the transition to clean and renewable energy sources.