The main rebate program in Australia is the Small-scale Renewable Energy Scheme (SRES), which provides financial incentives in the form of Small-scale Technology Certificates (STCs). These STCs can be sold to electricity retailers, who are required by law to purchase a certain number of them each year. The value of STCs depends on factors such as the size of the solar system and its location.

April 3, 2024by Luke0

The SRES aims to encourage the installation of small-scale renewable energy systems, such as Solar panels, Solar water heaters, and heat pumps. By providing financial incentives, the program helps to reduce the upfront cost of installing these systems, making them more accessible to homeowners and businesses.

To be eligible for STCs, the renewable energy system must be installed by a Clean Energy Council-accredited installer and meet certain technical requirements. The number of STCs received depends on the amount of renewable energy generated by the system over its lifetime.

In addition to the SRES, there are also state-based Rebate programs available in some parts of Australia. These programs may offer additional financial incentives or rebates for installing renewable energy systems.

Overall, the Rebate programs in Australia play a crucial role in promoting the uptake of renewable energy technologies and reducing greenhouse gas emissions. By making these systems more affordable, more Australians are able to access clean, sustainable energy sources for their homes and businesses.

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