The Australian government offers several types of Solar rebates:
1. Small-scale Renewable Energy Scheme (SRES): The SRES is a federal government scheme that provides financial incentives in the form of Small-scale Technology Certificates (STCs). These certificates are created for eligible Solar power systems and can be sold to electricity retailers, helping to reduce the upfront cost of installing Solar panels.
2. Feed-in Tariffs (FiTs): Some states and territories in Australia offer feed-in tariffs, which pay Solar system owners for the excess electricity they generate and feed back into the grid. These tariffs vary depending on the state or territory and can provide ongoing financial benefits for Solar system owners.
3. State-specific rebates: Some states and territories provide additional rebates or incentives to promote the adoption of Solar power. For example, the Victorian government offers the Solar Homes Program, which provides rebates and interest-free loans to eligible households for the installation of Solar panels.
4. Tax incentives: The Australian government also offers tax incentives for businesses investing in Solar power systems. These incentives can include accelerated depreciation and tax credits for eligible commercial Solar installations.
It’s important to note that Solar rebates and incentives can vary depending on the state or territory, as well as the type and size of the Solar power system. Homeowners and businesses interested in installing Solar panels should check with their local government or relevant authorities to understand the specific rebates available to them.