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), homeowners and businesses installing Solar systems with a capacity of up to 100 kilowatts can create STCs. These certificates represent the amount of renewable energy the system is expected to generate over its lifetime. STCs are typically created at the time of installation and can be sold to electricity retailers or traders to offset the cost of the Solar system.
2. Feed-in Tariffs (FiTs): Some Australian states and territories offer feed-in tariffs, which pay Solar system owners for excess electricity they feed back into the grid. The rates and eligibility criteria for FiTs vary across regions, and some areas may have net metering arrangements instead, where excess electricity is credited against future consumption.
3. Government grants and incentives: In addition to STCs and FiTs, there are various government grants and incentives available at the state and federal levels. These programs aim to support the adoption of renewable energy and may include rebates, loans, or subsidies for Solar installations. Eligibility criteria and funding amounts can differ depending on the specific program.
It’s worth noting that Solar rebates and incentives are subject to change and may vary depending on the location and the type of Solar system being installed. To ensure accurate and up-to-date information, it is recommended to check with relevant government authorities, energy retailers, or consult with Solar installers.