1. Small-scale Technology Certificates (STCs): STCs are a form of financial incentive provided by the government to households and businesses that install small-scale renewable energy systems, including Solar power systems. The number of STCs received depends on the size of the Solar power system and the amount of electricity it is expected to generate over its lifetime.
2. Feed-in Tariffs (FiTs): FiTs are a pricing mechanism that allows Solar power system owners to sell excess electricity generated by their system back to the grid. The government sets a rate at which the electricity is purchased, providing a financial incentive for Solar power system installation. The exact FiT rate and availability vary among different states and territories in Australia.