The Australian government offers several Solar rebates and incentives to promote the adoption of renewable energy. The most significant of these is the Small-scale Renewable Energy Scheme (SRES), which provides financial assistance to households and small businesses installing small-scale Solar PV systems, wind turbines, or Solar water heaters.
Under the SRES, eligible installations receive small-scale technology certificates (STCs) based on the system’s expected power generation over a 15-year period. These STCs can be sold to electricity retailers to offset the cost of the system. The number of STCs received depends on various factors such as the system size, location, and the amount of renewable energy generated.
Additionally, some state governments offer their own Solar rebates and incentives. For example, the New South Wales government provides the Solar Homes Package, which offers interest-free loans and rebates for Solar panel installations.
It is important to note that the availability and details of Solar rebates can vary over time and by state or territory. It is advisable to check with the relevant government authority or consult a Solar installer to understand the current rebates and incentives available in your area.