The Rebate is typically applied at the time of purchase, with the installer or retailer deducting the value of the STCs from the total cost of the system. The value of STCs can fluctuate based on market demand and supply, so it’s important to check with your installer or retailer to understand the current Rebate amount you are eligible for.
In addition to the SRES, some states and territories in Australia also offer additional rebates and incentives for Solar power systems. For example, the New South Wales government offers the Empowering Homes Program, which provides interest-free loans for Solar battery systems, and the South Australian government offers the Home Battery Scheme, which provides subsidies for eligible home battery systems.
It’s important to research and understand the different Rebate programs available in your area to maximize the financial benefits of installing a Solar power system. Additionally, it’s recommended to work with a reputable and accredited installer to ensure your system is eligible for the rebates and incentives available.
