The specific details of Solar rebates in Australia can vary depending on the state or territory, as well as the size and type of Solar power system being installed. However, some common types of Solar rebates available in Australia include:
1. Small-scale Technology Certificates (STCs): STCs are a form of renewable energy currency that can be created when a Solar power system is installed. The number of STCs generated depends on the size of the system and its location. These certificates can be sold to electricity retailers, who have a legal obligation to acquire a certain number of them each year. The value of STCs can vary, and it is usually deducted from the upfront cost of the Solar power system.
2. Feed-in Tariffs: Some states and territories offer feed-in tariffs, which are payments made to Solar power system owners for the surplus electricity they generate and feed back into the grid. The rate of the feed-in tariff can vary depending on the region and the time of day. This can help offset the cost of the Solar power system by reducing electricity bills.
3. Solar Homes Program: Several states, such as Victoria and South Australia, have introduced Solar Rebate programs specifically targeted at homeowners. These programs provide financial incentives, such as rebates or interest-free loans, to help cover the upfront costs of installing Solar power systems.
4. Business Energy Advice Program: This program is available nationally and provides funding for small to medium-sized businesses to receive energy advice, including information on installing Solar power systems. It aims to help businesses reduce their energy costs and transition to renewable energy sources.
It’s important to note that the availability and eligibility criteria for Solar rebates can change over time. It’s recommended to check with the relevant government departments or agencies to get the most up-to-date information on Solar rebates in Australia.