The Australian government offers two main types of Solar rebates: Small-scale Technology Certificates (STCs) and the Solar Homes and Communities Plan.
STCs are a form of financial incentive provided under the Small-scale Renewable Energy Scheme (SRES). These certificates are created for eligible Solar power systems and are based on the expected electricity generation over a 15-year period. The number of STCs a system is eligible for depends on factors such as the system size, location, and the market value of the certificates. These STCs can be traded, sold, or surrendered to electricity retailers as a form of currency to reduce the upfront cost of installing a Solar power system.
The Solar Homes and Communities Plan is another Rebate initiative that provides financial support for the installation of Solar power systems. It is targeted at low-income households, community organizations, and schools, aiming to reduce their energy bills and promote the use of renewable energy. The program offers grants and funding to eligible applicants, covering a portion of the costs associated with installing Solar panels.
In addition to these federal rebates, some state and territory governments also provide their own incentives to encourage the adoption of Solar energy. These can include additional rebates, feed-in tariffs, or other financial incentives.
It is important to note that these Rebate programs and incentives may change over time, and eligibility criteria may vary. It is recommended to check with relevant government websites or consult with Solar installers to get the most up-to-date information on available rebates in your area.
