Solar rebates in Australia are typically offered at both the federal and state levels. The main federal incentive is the Small-scale Renewable Energy Scheme (SRES), which provides Small-scale Technology Certificates (STCs) to eligible Solar system owners. The number of STCs received depends on the size of the system and its location. These certificates can be sold to electricity retailers, who are required by law to purchase a certain number of them each year.
Additionally, some states and territories offer their own Solar rebates. For example, the New South Wales government has the Solar Homes Package, which offers rebates and interest-free loans for eligible homeowners to install Solar panels. In Victoria, there is the Solar Homes Program, which provides rebates for Solar panel installations and interest-free loans for Solar battery systems.
These rebates and financial assistance programs help make Solar energy more accessible and affordable for individuals and businesses, encouraging the transition to renewable energy sources. By reducing the upfront cost of installing Solar panels, these incentives can help homeowners and businesses save on their electricity bills in the long run and contribute to reducing greenhouse gas emissions.
