The Australian government offers several types of Solar rebates to support the adoption of renewable energy. One of the main programs is the Small-scale Renewable Energy Scheme (SRES), which provides financial incentives for small-scale Solar panel installations (up to 100 kilowatts) through the creation of Small-scale Technology Certificates (STCs).
Under the SRES, homeowners and businesses are eligible to create STCs based on the expected power generation of their Solar system over a 15-year period. These STCs can then be sold to electricity retailers, who are obliged to acquire a certain number of them each year. The value of STCs varies depending on market conditions and the size of the Solar system.
Additionally, some state and territory governments in Australia offer their own Solar rebates. For example, the New South Wales government provides the Solar Homes and Communities Plan, which offers rebates and interest-free loans for Solar panel installations. Other states and territories may have similar schemes with varying eligibility criteria and incentives.
It is important to note that Solar rebates are subject to change, and potential applicants should regularly check government websites or consult with qualified Solar installers to stay updated on the latest Rebate programs and requirements.