Solar rebates in Australia are financial incentives provided by the government to encourage the installation of solar energy systems. The main rebate available is the Small-scale Renewable Energy Scheme (SRES), which provides a subsidy for the installation of solar panels, solar water heaters, and heat pumps.

January 20, 2024by Luke0

The SRES is administered by the Clean Energy Regulator and is funded through the sale of Small-scale Technology Certificates (STCs). These certificates are created for every megawatt-hour of electricity generated by eligible Solar energy systems.

The number of STCs that can be claimed depends on the size and location of the Solar system, as well as its installation date. The value of each STC is determined by supply and demand factors and can vary over time.

To claim the Rebate, homeowners or businesses need to engage an accredited installer who can create the STCs on their behalf. The installer will typically factor the value of the STCs into the upfront cost of the Solar system, reducing the overall price for the customer.

The Rebate is typically available for systems up to 100 kilowatts in capacity. Larger systems may be eligible for different incentives, such as the Large-scale Renewable Energy Target (LRET).

In addition to the SRES, some states and territories in Australia offer their own Solar rebates and feed-in tariffs. These programs vary in their eligibility criteria and benefits, so it’s important to check with the relevant local government authority for specific details.

Overall, Solar rebates in Australia aim to make Solar energy more affordable and accessible, encouraging the transition to clean and renewable energy sources.

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