Some common types of Solar rebates and incentives in Australia include:
1. Small-scale Technology Certificates (STCs): These are tradable certificates that are issued based on the amount of renewable energy a Solar system is expected to produce over its lifetime. They can be traded, sold, or surrendered to reduce the upfront cost of installing a Solar system.
2. Feed-in Tariffs: Some states and territories offer feed-in tariffs, which allow residential and commercial Solar system owners to receive payment for excess electricity generated by their Solar panels and fed back into the grid.
3. Solar Homes and Communities Program: This program provides rebates and interest-free loans for eligible households to install Solar panels, Solar hot water systems, and battery storage systems.
4. Local Council Rebates: Some local councils offer additional rebates or incentives for residents who install Solar panels on their properties.
5. Energy Efficiency Grants: Some government programs offer grants for energy-efficient upgrades, including Solar panel installations.
6. Solar Panel Buyback Schemes: Some electricity retailers offer buyback schemes where they purchase excess Solar energy generated by residential Solar systems at a set rate.
It’s important to research and understand the specific rebates and incentives available in your area to make the most of the financial benefits of Solar energy.
