The Australian government offers several types of Solar rebates to homeowners and businesses. The most common Rebate program is the Small-scale Renewable Energy Scheme (SRES), which provides financial incentives in the form of Small-scale Technology Certificates (STCs). These STCs can be traded and sold to electricity retailers, which helps reduce the upfront cost of buying a Solar power system.
The amount of Rebate a customer can receive depends on the size of the Solar system and its location. The value of STCs is determined by factors such as the price of the certificates and the number of certificates created by the system. Typically, the larger the system, the more STCs it generates, resulting in a higher Rebate.
In addition to the SRES, some state governments also offer their own rebates and incentives for Solar power systems. These programs vary by state and may include additional financial incentives or grants to further reduce the cost of installation.
It’s important to note that Solar rebates are subject to change and may have specific eligibility criteria. To take advantage of these rebates, it is recommended to consult with a qualified Solar installer or visit the government websites for the most up-to-date information.