The main Solar Rebate program in Australia is the Small-scale Renewable Energy Scheme (SRES), which is administered by the federal government. Under this scheme, households and small businesses that install eligible Solar panel systems, wind turbines, or Solar water heaters can receive small-scale technology certificates (STCs) as a financial incentive.
The number of STCs received depends on the size and location of the system, as well as the amount of renewable energy it is expected to produce over its lifetime. These certificates can be sold to electricity retailers or other buyers, providing a financial benefit to the system owner.
In addition to the SRES, some state and territory governments also offer their own Solar Rebate programs. These programs may provide additional financial incentives or subsidies, either in the form of upfront grants or ongoing feed-in tariffs.
Solar rebates in Australia have been instrumental in driving the uptake of rooftop Solar systems. They have made Solar power more affordable and accessible for households and businesses, helping to reduce electricity bills and reliance on the grid. By promoting the use of renewable energy, these rebates also contribute to Australia’s goal of reducing greenhouse gas emissions and transitioning to a more sustainable energy system.