There are several types of Solar rebates available in Australia. The most well-known Rebate program is the Small-scale Renewable Energy Scheme (SRES), which provides financial incentives in the form of Small-scale Technology Certificates (STCs). These certificates are created for eligible Solar power systems and can be traded or sold to recoup a portion of the installation cost.
The amount of STCs received depends on various factors such as the size of the system, location, and the amount of electricity it is expected to produce over its lifetime. The more STCs a system is eligible for, the higher the Rebate amount.
Apart from the SRES, some state governments also offer additional incentives. For example, the New South Wales (NSW) government provides the Solar Homes program, which offers interest-free loans and rebates for eligible households to install Solar panels.
Additionally, some energy retailers may offer their own Solar rebates or feed-in tariffs, which are payments made to Solar system owners for the excess electricity they generate and feed back into the grid.
It is important to note that Solar rebates and incentives can change over time, so it is recommended to check with the relevant government bodies or energy retailers for the most up-to-date information and eligibility criteria.