The main Solar Rebate program in Australia is the Small-scale Renewable Energy Scheme (SRES). Under this scheme, homeowners, small businesses, and community organizations are eligible to receive Small-scale Technology Certificates (STCs) for installing eligible Solar power systems.
The number of STCs received depends on the size of the Solar power system and the location of the installation. These STCs can be sold to electricity retailers, who are required by law to purchase a certain number of certificates each year. The value of each STC varies depending on market conditions but can often be used as a discount on the upfront cost of the Solar system.
In addition to the federal government Rebate, some state and territory governments also offer their own Solar rebates. These rebates can vary in terms of eligibility criteria and the amount of financial assistance provided.
It is important to note that the Solar Rebate programs in Australia are subject to change, and the availability and value of rebates can vary over time. It is recommended to consult with a Solar installer or check the government websites for the most up-to-date information on Solar rebates in Australia.