The Australian government offers several types of Solar rebates to support the adoption of renewable energy. One of the most popular programs is the Small-scale Renewable Energy Scheme (SRES). Under this scheme, eligible Solar panel installations receive Small-scale Technology Certificates (STCs) based on the system’s expected electricity generation over a 15-year period.
The number of STCs awarded depends on factors such as the size of the system and its location. These STCs can be sold to electricity retailers or other buyers, providing a financial benefit to the system owner. The value of STCs fluctuates based on market demand and supply.
Another Rebate program is the Solar Homes and Communities Plan, which offers financial support to low-income households and community groups to install Solar panels. This program aims to reduce energy costs for vulnerable communities and promote clean energy.
State and territory governments also offer additional rebates and incentives to encourage Solar panel installations. These programs vary across jurisdictions but often include grants, loans, or feed-in tariffs that pay system owners for the excess electricity they produce and feed back into the grid.
It is important to note that the availability and level of Solar rebates can change over time as government policies and funding priorities evolve. Therefore, it is advisable to consult relevant government websites or seek advice from Solar installers to stay updated on the latest Rebate programs and eligibility criteria.