These rebates are typically offered through programs such as the Small-scale Renewable Energy Scheme (SRES) or state-specific schemes, such as the Solar Homes Program in Victoria. The amount of Rebate available can vary depending on factors such as the size of the Solar system and the location of the installation.
The SRES, for example, provides a Rebate in the form of Small-scale Technology Certificates (STCs) for eligible Solar panel installations. The number of STCs received is based on the amount of renewable energy the system is expected to generate over a certain period. These STCs can then be sold or traded to reduce the upfront cost of the Solar panel installation.
State-specific schemes may offer different types of rebates, such as grants or subsidies, to further support the adoption of Solar energy. These schemes may have their own eligibility criteria and requirements, so it is important for individuals and businesses to check with their relevant state government for more information.
Solar rebates in Australia have played a significant role in promoting the uptake of Solar panel systems, making them more affordable for homeowners, businesses, and communities. By reducing the initial investment, these rebates have helped increase the accessibility and affordability of renewable energy, contributing to a more sustainable and environmentally friendly energy sector.