Some common types of Solar rebates and incentives that may be available include:
1. Small-scale Technology Certificates (STCs): These are a form of government incentive that can help reduce the upfront cost of installing a Solar PV system. STCs are created for eligible Solar PV systems based on the amount of renewable energy they are expected to produce over their lifetime.
2. Feed-in Tariffs: Some states and territories offer feed-in tariffs, which allow Solar system owners to receive payment for excess electricity generated by their system and fed back into the grid. This can help offset electricity bills and provide additional financial benefits for Solar system owners.
3. Solar panel rebates: Some state governments offer rebates or financial incentives specifically for the purchase and installation of Solar panels. These rebates can help lower the overall cost of going Solar and make it more affordable for homeowners and businesses.
4. Low-interest loans: Some state governments offer low-interest loans or financing options to help homeowners and businesses invest in Solar energy systems. These loans can provide an affordable way to finance a Solar installation and may include flexible repayment terms.
5. Solar hot water rebates: In addition to Solar PV systems, some states may offer rebates or incentives for Solar hot water systems. These systems can help reduce energy costs associated with heating water and provide additional environmental benefits.
It’s important to research and understand the specific rebates and incentives that may be available in your area, as well as any eligibility requirements and application processes. By taking advantage of these opportunities, you can maximize the financial benefits of going Solar and make a positive impact on the environment.
