The Australian government offers several different types of Solar rebates, including:
1. Small-scale Technology Certificates (STCs): This Rebate is available to residential and small business customers who install Solar power systems with a capacity of up to 100 kilowatts. The number of STCs received is based on the system’s size, location, and the amount of electricity it is expected to generate over its lifetime. These certificates can be sold to electricity retailers, which helps to offset the cost of the system.
2. Feed-in Tariffs (FiTs): Some states and territories in Australia offer a feed-in tariff, which is a payment made to Solar system owners for the excess electricity they feed back into the grid. The rate and eligibility criteria vary depending on the location.
3. Renewable Energy Certificates (RECs): Large-scale Solar power systems with a capacity of more than 100 kilowatts may be eligible for RECs. These certificates can be created and sold to entities that have a legal obligation to purchase a certain amount of renewable energy.
4. Grants and funding programs: The government may also provide grants and funding programs to support the installation of Solar power systems in specific sectors, such as schools, community organizations, and indigenous communities.
The availability and value of Solar rebates can vary depending on the state or territory in Australia. It is advisable to check with the relevant government authorities or consult with Solar installers to understand the specific rebates and incentives available in a particular area.