Solar rebates in Australia are available through the federal government’s Small-scale Renewable Energy Scheme (SRES). Under this scheme, homeowners and small businesses can receive financial incentives for installing eligible solar panel systems.

January 14, 2024by Luke0

The Small-scale Renewable Energy Scheme (SRES) is a government initiative in Australia that provides financial incentives for the installation of eligible Solar panel systems. This scheme is designed to encourage the uptake of renewable energy and reduce greenhouse gas emissions.

Under the SRES, homeowners and small businesses can receive Small-scale Technology Certificates (STCs) for installing eligible Solar panel systems. The number of STCs received depends on the size of the system, its location, and the amount of renewable energy it is expected to generate over its lifetime.

STCs can be traded or sold to liable entities, typically electricity retailers, who are required by law to purchase a certain amount of renewable energy certificates. The value of STCs varies depending on market conditions.

To access the Solar rebates through the SRES, homeowners and small businesses must use accredited Solar installers and Solar panels that meet the required standards. The installation must also be compliant with relevant building codes and regulations.

It’s important to note that the federal government periodically reviews the incentives provided under the SRES, and the scheme is set to phase out by 2030. Therefore, it’s recommended to check the current availability and eligibility criteria before pursuing Solar rebates through this scheme.

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