The amount of Rebate or financial incentive you receive will depend on the number of STCs your Solar system is eligible to create. The value of STCs can fluctuate based on market demand and government policies. It’s important to note that the SRES is scheduled to be phased out by 2030, so it’s best to take advantage of this Rebate sooner rather than later.
In addition to the federal Rebate, some states and territories in Australia also offer their own Solar incentives and rebates. It’s worth checking with your local government to see if there are any additional financial incentives available to help offset the cost of installing Solar panels.
Overall, the federal Small-scale Renewable Energy Scheme is a valuable incentive for Australians looking to invest in Solar energy and reduce their carbon footprint. By taking advantage of the SRES, homeowners can not only save money on their electricity bills but also contribute to a more sustainable future.
