1. Small-scale Renewable Energy Scheme (SRES): This scheme is administered by the Clean Energy Regulator and provides financial incentives in the form of small-scale technology certificates (STCs). STCs are created for eligible Solar power systems and can be sold to electricity retailers, which helps offset the cost of installation. The number of STCs received depends on the system’s size, location, and the amount of renewable energy it is expected to produce over its lifetime.
2. Solar Homes and Communities Plan: This program is run by the Australian government and offers rebates for Solar power installations in certain states and territories. The eligibility criteria and Rebate amounts vary depending on the region. For example, the Victorian government offers rebates through the Solar Homes program, while the New South Wales government provides rebates through the Empowering Homes program.
These rebates can significantly reduce the upfront cost of installing Solar panels and make them more accessible to a wider range of consumers. They encourage the adoption of renewable energy, reduce greenhouse gas emissions, and contribute to Australia’s overall energy transition. It is important to note that these Rebate programs may be subject to changes, so it is recommended to check the latest updates and eligibility requirements from the relevant government authorities or energy regulators.