The Australian government offers various Solar rebates and incentives to support the installation of Solar panels. The two main programs are the Small-scale Renewable Energy Scheme (SRES) and the Solar Homes and Communities Plan.
1. Small-scale Renewable Energy Scheme (SRES): Under this scheme, households, small businesses, and community organizations are eligible to receive Small-scale Technology Certificates (STCs) for installing Solar panels, Solar water heaters, and heat pumps. These STCs can be sold to registered agents or traders, who then use them to meet their own renewable energy targets. The number of STCs received depends on the system’s size, location, and the amount of renewable energy it generates over its lifetime. The value of STCs fluctuates based on supply and demand.
2. Solar Homes and Communities Plan: This program offers Solar rebates specifically for low-income households, rental properties, and community organizations. It provides a subsidy of up to 50% of the total cost of purchasing and installing a Solar panel system, subject to certain eligibility criteria. The aim is to make Solar energy more accessible and affordable for those who may face financial barriers.
It is important to note that the Australian Solar Rebate structure is subject to change, and the availability and value of rebates can vary over time. It is advisable to check with the relevant government agencies or Solar installers to get the most up-to-date information on the current Rebate programs and eligibility requirements.