The Australian government offers several Solar rebates and incentives to promote the use of Solar energy. The most notable Rebate is the Small-scale Renewable Energy Scheme (SRES), which provides a discount on the cost of installing small-scale Solar panels, wind turbines, or Solar water heaters.
Under the SRES, homeowners and businesses receive Small-scale Technology Certificates (STCs) based on the expected electricity generation of their Solar system over a 15-year period. These STCs can be sold to electricity retailers, who use them to meet their renewable energy obligations. The value of STCs varies depending on market conditions, but they typically reduce the upfront cost of a Solar system by thousands of dollars.
In addition to the SRES, some state governments offer their own Solar rebates and incentives. For example, the New South Wales government provides the Empowering Homes Program, which offers interest-free loans and rebates for Solar battery systems to eligible households. Other states, such as Victoria and South Australia, have similar programs that provide rebates for Solar panels and batteries.
It’s important to note that the availability and value of Solar rebates can change over time as government policies are updated. Therefore, it is advisable to check with relevant government authorities or consult a Solar installer to determine the current rebates and incentives available in your area.