Some of the main solar rebates and incentives in Australia include:

February 4, 2024by Luke0

1. Small-scale Technology Certificates (STCs): These are a type of currency used in the Renewable Energy Target (RET) scheme. When you install a Solar system, you can create STCs based on the amount of electricity the system is expected to generate over a period of 15 years. These STCs can be sold to electricity retailers or traders, providing a financial benefit.

2. Feed-in Tariffs (FiTs): Many Australian states and territories have feed-in tariff programs, where you are paid for the excess electricity your Solar system generates and feeds back into the grid. The rate at which you are paid varies depending on your location and the specific program in place.

3. Solar Homes and Communities Plan: This program provides rebates and interest-free loans to eligible households and community organizations to install Solar panels and battery storage systems. The amount of the Rebate varies depending on the state or territory.

4. Solar Panel Rebate: Some local governments offer rebates or grants to homeowners who install Solar panels. These rebates can help offset the upfront cost of the system.

5. Low-interest loans: Some financial institutions and state governments offer low-interest loans specifically for the purpose of installing Solar systems. These loans can make the upfront cost more affordable and offer longer repayment terms.

6. Small Business Energy Saver Program: This program provides financial incentives in the form of grants to small businesses for energy-saving projects, including Solar panel installations.

7. Community Energy Efficiency Program: This program provides grants to community organizations, including schools, hospitals, and sporting clubs, to implement energy efficiency measures, including Solar panel installations.

It is important to note that the availability and specific details of these rebates and incentives may vary depending on the state or territory in Australia.

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