Solar rebates in Australia are designed to promote the adoption of Solar energy as a way to reduce greenhouse gas emissions and combat climate change. The federal government offers a Rebate called the Small-scale Renewable Energy Scheme (SRES), which provides financial support to households, small businesses, and community organizations that install small-scale renewable energy systems, such as Solar panels.
Under the SRES, homeowners and businesses can receive a Rebate in the form of Small-scale Technology Certificates (STCs) for eligible Solar panel installations. The number of STCs awarded is based on the size of the Solar system and its location, and these certificates can be sold to electricity retailers to offset the cost of the installation.
In addition to the federal Rebate, some state governments in Australia also offer their own Solar rebates to further incentivize Solar panel installations. These state-based rebates may have different eligibility criteria and Rebate amounts, so it is important to check with the relevant state government authority for specific information.
Overall, Solar rebates play a crucial role in making Solar energy more accessible and affordable for individuals and businesses. By reducing the upfront cost of installation, these financial incentives encourage more people to adopt Solar energy, thereby increasing the use of renewable energy sources and reducing reliance on fossil fuels.