Some common Solar rebates and incentives in Australia include:
1. Small-scale Technology Certificates (STCs): Under the Small-scale Renewable Energy Scheme, homeowners and businesses installing small-scale renewable energy systems, such as Solar panels, are eligible to create and sell STCs. The value of STCs can vary depending on factors such as location, system size, and market conditions.
2. Feed-in Tariffs: Some states and territories offer feed-in tariffs, which allow Solar system owners to receive payments for excess electricity generated by their system and exported back to the grid. The rates and eligibility criteria for feed-in tariffs vary by location.
3. Solar panel rebates: Some states and territories offer rebates or financial incentives to help offset the upfront cost of installing a Solar panel system. These rebates may be available for residential, commercial, or community Solar projects.
4. Interest-free loans: Some government programs offer interest-free loans to help homeowners finance the purchase and installation of Solar panels. These loans can help make Solar energy more affordable and accessible to a wider range of consumers.
5. Tax incentives: In addition to rebates and grants, Solar system owners may be eligible for tax incentives such as the Small Business Instant Asset Write-Off or the Investment Tax Credit, which can help reduce the overall cost of installing Solar panels.
By taking advantage of these rebates and incentives, homeowners and businesses can lower their upfront costs and improve the financial viability of investing in Solar energy. It is important to research and understand the options available in your area to maximize the benefits of going Solar.
