The Australian government offers various rebates and incentives to promote the adoption of Solar energy. These include:
1. Small-scale Renewable Energy Scheme (SRES): Under this scheme, individuals and small businesses can receive Small-scale Technology Certificates (STCs) for installing eligible Solar panels, Solar water heaters, and heat pumps. These STCs can be traded or sold to electricity retailers to offset the upfront cost of the system.
2. Feed-in Tariffs (FiTs): Some states and territories offer feed-in tariffs, which allow individuals to sell excess electricity generated by their Solar systems back to the grid. The rates and eligibility criteria vary across regions.
3. Solar Homes and Communities Plan: The Australian government provides funding to support the installation of Solar panels and batteries in low-income households, community organizations, and schools. This program aims to reduce energy bills and carbon emissions.
4. Clean Energy Finance Corporation (CEFC): The CEFC provides financing solutions to facilitate investments in renewable energy projects, including Solar energy systems. This assistance helps businesses and communities access affordable financing options for implementing Solar projects.
5. Grants and Funding Programs: Various state and local governments offer grants and funding programs to support the adoption of Solar energy. These programs are often targeted towards specific sectors, such as agriculture, manufacturing, or community organizations.
These Solar rebates and incentives contribute to the growth of renewable energy and help reduce greenhouse gas emissions. They not only make Solar power more affordable for individuals and businesses but also promote sustainable development and energy independence in Australia.