One of the main solar rebates in Australia is the Small-scale Renewable Energy Scheme (SRES), which provides a financial incentive for the installation of eligible small-scale renewable energy systems, including solar panels. Under this scheme, homeowners and businesses can create Small-scale Technology Certificates (STCs) based on the amount of electricity their system is expected to generate over a set period of time. These STCs can then be sold or traded to recoup some of the upfront costs.

March 9, 2024by Luke0

The amount of STCs that can be created varies depending on factors such as the location of the installation, the size of the system, and the current market price of STCs. The value of STCs can fluctuate, so it is important to check the current market prices before selling or trading them.

In addition to the SRES, some states and territories in Australia also offer additional Solar rebates and incentives to encourage the uptake of Solar energy. For example, the New South Wales government offers the Solar Homes program, which provides interest-free loans for Solar and battery storage installations, as well as rebates for eligible low-income households.

Overall, Solar rebates can help reduce the upfront costs of installing a Solar energy system and make it more affordable for homeowners and businesses to transition to renewable energy. It is recommended to research and take advantage of these rebates to maximize the financial benefits of going Solar.

Share on:

Leave a Reply

Your email address will not be published. Required fields are marked *