The Australian government provides Solar rebates through the Small-scale Renewable Energy Scheme (SRES) and various state-based programs. The SRES offers Small-scale Technology Certificates (STCs) to eligible Solar power system owners. The number of STCs received depends on the system’s capacity and location.
STCs can be sold or traded to electricity retailers, who are obligated to obtain and surrender a certain number of STCs each year. The value of STCs fluctuates based on supply and demand, but they can significantly reduce the cost of installing a Solar power system.
In addition to the federal government scheme, some states and territories offer their own Solar Rebate programs. For example, the New South Wales government provides the Solar Homes Program, which offers rebates to eligible households that install Solar PV systems.
It’s important to note that Solar rebates can change over time as government policies are updated. Therefore, it’s always advisable to check the latest information from relevant government websites or consult with a Solar installer to understand the current Rebate options available.