The Australian government offers several types of Solar rebates to support the adoption of renewable energy. The two main rebates are the Small-scale Renewable Energy Scheme (SRES) and the Solar Homes and Communities Plan.
1. Small-scale Renewable Energy Scheme (SRES):
The SRES is a federal government program that provides financial incentives for the installation of small-scale renewable energy systems, including Solar panels. The Rebate is provided in the form of Small-scale Technology Certificates (STCs). The number of STCs you receive depends on the size of your Solar panel system and the region where it is installed. These certificates can be sold to electricity retailers, which helps to offset the cost of installing Solar panels.
2. Solar Homes and Communities Plan:
The Solar Homes and Communities Plan is a state-specific program offered by some Australian states and territories. It provides rebates and subsidies to homeowners and businesses for the installation of Solar panels. The specific details and eligibility criteria vary between states, but the aim is to make Solar energy more affordable and accessible.
In addition to these rebates, there may be other financial incentives available at the state or local government level. These can include grants, low-interest loans, and feed-in tariffs (where you are paid for the excess electricity your Solar panels generate and feed back into the grid).
It’s important to note that the availability and eligibility criteria for Solar rebates can change over time. Therefore, it’s advisable to check with your relevant government authority or a reputable Solar installer for the most up-to-date information.