Solar rebates in Australia vary depending on the state or territory you are in. The main solar rebate available is the Small-scale Renewable Energy Scheme (SRES), which provides financial incentives for installing small-scale renewable energy systems, including solar panels.

December 30, 2023by Luke0

The amount of Rebate you can receive under the SRES depends on the size of your Solar system and the market value of the Small-scale Technology Certificates (STCs) it generates. STCs are created for each megawatt-hour of electricity your system is expected to produce over a 15-year period.

The number of STCs you can claim is determined by the geographical location of your Solar system, the installation date, and the amount of electricity it is expected to generate. These factors are used to calculate the number of STCs your system is eligible for.

In general, the more STCs your system generates, the higher the Rebate you can receive. However, the value of STCs can fluctuate due to market conditions, which can affect the final Rebate amount.

Apart from the SRES, some states and territories in Australia also offer additional Solar rebates and incentives. For example, the New South Wales government provides the Solar for Low Income Households Program, which offers additional financial assistance to low-income households for installing Solar panels.

It is important to check with your local government or relevant agencies to find out the specific Solar rebates and incentives available in your state or territory, as they can vary and change over time.

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