There are several types of Solar rebates available in Australia, including:
1. Small-scale Technology Certificates (STCs): The federal government offers STCs as a part of the Renewable Energy Target scheme. These certificates are created when a Solar energy system is installed and can be sold to electricity retailers. The value of STCs depends on factors such as the location, size, and installation date of the system. These certificates can significantly reduce the cost of purchasing and installing Solar panels.
2. Feed-in Tariffs (FiTs): Some states and territories offer FiTs, which provide a payment for excess electricity generated by a Solar energy system that is fed back into the grid. The rate of FiTs varies between regions and electricity retailers. This can help homeowners and businesses offset their electricity bills by receiving credit for the energy they export.
3. Solar Panel Rebates: Some state governments, such as Victoria and New South Wales, offer additional rebates specifically for Solar panels. These rebates provide a set amount of money towards the cost of purchasing and installing Solar panels. The availability and value of these rebates may vary, so it is best to check with the relevant state government department for up-to-date information.
It is important to note that Solar rebates and incentives can change over time as government policies and programs are updated. It is advisable to research and consult with a reputable Solar installer or contact the relevant government department to understand the current rebates and incentives available in your area.