The federal government offers a solar rebate program called the Small-scale Renewable Energy Scheme (SRES). Under this scheme, homeowners and small businesses that install eligible solar photovoltaic (PV) systems, solar water heaters, or heat pumps can create small-scale technology certificates (STCs). These STCs can then be sold to electricity retailers, who are required to buy a certain number of them each year. The value of STCs varies depending on market conditions and the size of the system installed.

March 17, 2024by Luke0

To be eligible for the SRES, the Solar PV system must be installed by a Clean Energy Council accredited installer and comply with Australian standards. The size of the Rebate depends on the size of the system installed, with larger systems receiving more STCs.

The SRES is designed to encourage the uptake of renewable energy systems by providing a financial incentive to offset the upfront costs of installation. By generating STCs, homeowners and small businesses can reduce their payback period and make Solar energy more affordable.

It’s important to note that the SRES is a government incentive program and may be subject to changes or updates. To learn more about the program and how to take advantage of the Solar Rebate, homeowners and small businesses should consult with a reputable Solar installer or visit the government’s official website for more information.

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