Solar rebates in Australia are financial incentives provided by the government and some state and territory governments to promote the installation of solar energy systems. These rebates help to reduce the upfront cost of installing solar panels and make renewable energy more accessible to homeowners and businesses.

January 24, 2024by Luke0

The main Solar Rebate available in Australia is the Small-scale Renewable Energy Scheme (SRES). Under this scheme, individuals and small businesses that install eligible Solar panel systems (up to 100kW) receive Small-scale Technology Certificates (STCs) based on the expected electricity generation over a 15-year period. These STCs can then be sold or traded to recoup some of the upfront cost of installing the system.

The number of STCs received depends on factors such as the location, size, and efficiency of the Solar panel system. The value of each STC varies depending on market conditions but is generally around $30-$40. The Rebate amount is subtracted from the total cost of the system, reducing the upfront cost for the consumer.

In addition to the federal Rebate, some state and territory governments offer additional incentives to further promote Solar energy adoption. These incentives can include additional rebates, grants, or low-interest loans to assist with the cost of installing Solar panels.

It is important to note that the availability and value of Solar rebates can vary over time and may be subject to changes in government policy. It is recommended to consult with a Solar installer or relevant government agencies to get the most up-to-date information on available rebates and incentives.

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