The Australian government offers several types of Solar rebates, including:
1. Small-scale Technology Certificates (STCs): Under the Small-scale Renewable Energy Scheme, individuals and businesses can receive STCs for installing eligible Solar systems. The number of certificates received depends on the size of the system and its location, with more certificates granted for larger systems in areas with higher Solar potential. These certificates can be sold or traded to registered agents, who may offer a discount on the cost of the Solar system upfront.
2. Feed-in Tariffs (FiTs): Some states and territories in Australia offer FiTs, which provide a financial incentive for exporting excess Solar energy back to the grid. Homeowners and businesses with Solar panels can receive a payment for each kilowatt-hour of electricity they generate and feed into the grid. The rates and conditions for FiTs vary across different jurisdictions.
3. Clean Energy Finance Corporation (CEFC) loans: The CEFC provides loans to businesses for investing in renewable energy projects, including Solar energy systems. These loans help reduce the cost of financing and make it easier for businesses to adopt Solar energy.
4. Solar Homes and Communities Plan: This plan, introduced by the Australian government, offers rebates of up to a certain dollar amount for eligible households and community organizations installing Solar panels. The program aims to support the transition to renewable energy and reduce energy costs for households.
These Solar rebates aim to incentivize the adoption of Solar energy systems, reduce greenhouse gas emissions, and support the growth of the renewable energy industry in Australia. The specific eligibility criteria, Rebate amounts, and application processes may vary depending on the state or territory. It is advisable to check with the relevant government departments and agencies or consult a Solar installer for up-to-date information on available rebates.