Some common Solar rebates and incentives in Australia include:
1. Small-scale Technology Certificates (STCs): Under the Small-scale Renewable Energy Scheme, homeowners installing Solar panels may be eligible to receive a discount on the cost of their system through STCs. The number of STCs you receive depends on the size of your system and your location.
2. Feed-in Tariffs: Some states and territories offer feed-in tariffs, which allow homeowners to receive payment for excess electricity generated by their Solar panels that is fed back into the grid. The rates and eligibility criteria vary by location.
3. State government rebates: Some states offer additional rebates or incentives for Solar installations. For example, the Victorian government offers the Solar Homes Program, which provides rebates for Solar panels, Solar hot water systems, and battery storage.
4. Tax incentives: In Australia, businesses may be eligible for tax incentives for investing in Solar energy systems through the Instant Asset Write-off scheme or other tax deductions.
5. Energy efficiency loans: Some states offer low-interest loans for energy-efficient upgrades, including Solar installations. These loans can help homeowners finance the upfront cost of Solar panels.
It’s important to research and understand the specific rebates and incentives available in your area to maximize the financial benefits of installing Solar panels. Consulting with a reputable Solar installer can also help you navigate the process and take advantage of available incentives.
