There are several types of Solar rebates available in Australia, including:
1. Small-scale Technology Certificates (STCs): Under the Small-scale Renewable Energy Scheme (SRES), households and small businesses that install small-scale Solar systems (up to 100 kilowatts) are eligible for STCs. These certificates can be traded and sold to electricity retailers, providing a financial benefit for the system owners. The number of STCs depends on the system’s size, location, and the amount of electricity it is expected to generate over its lifetime.
2. Feed-in Tariffs (FiTs): Some states and territories in Australia offer feed-in tariffs, where Solar system owners are paid a premium rate for the excess electricity they generate and feed back into the grid. The rate varies depending on the region and electricity retailer.
3. Solar Homes and Communities Plan: This initiative, implemented by the Australian Government, provides rebates to low-income households, community organizations, and schools to install Solar panels and Solar hot water systems. The program aims to reduce electricity bills for vulnerable communities and promote renewable energy uptake.
4. Business Energy Advice Program: This program offers free energy advice and financial incentives to small- and medium-sized businesses to improve their energy efficiency. It includes rebates for installing Solar panels and other energy-saving measures.
5. State and Territory-specific programs: Some states and territories in Australia have their own Solar rebates and incentives. For example, the New South Wales Government offers the Empowering Homes Program, which provides interest-free loans and rebates for Solar batteries, while the South Australian Government offers the Home Battery Scheme, providing subsidies for residential energy storage systems.