The main solar rebate available in Australia is the Small-scale Renewable Energy Scheme (SRES), which provides a financial incentive for the installation of small-scale renewable energy systems, including solar panels. Under this scheme, homeowners and businesses receive Small-scale Technology Certificates (STCs) for every megawatt-hour of electricity their system is expected to generate over a set period of time (usually 15 years). These STCs can then be sold or traded to offset the cost of installing the system.

March 18, 2024by Luke0

The amount of Rebate or financial incentive a homeowner or business can receive through the SRES depends on various factors, such as the size of the Solar system, the location of the installation, and the current market price of STCs. The Rebate is typically applied as a discount on the upfront cost of installing the Solar panels.

In addition to the SRES, some state and territory governments in Australia also offer additional rebates and incentives for Solar panel installations. For example, the New South Wales government offers the Solar Homes Program, which provides interest-free loans for Solar and battery storage systems, as well as the Solar for Low Income Households Program, which provides fully funded Solar panel installations for eligible low-income households.

Overall, the availability and amount of Solar rebates in Australia can vary depending on location and government policies, so it is important for homeowners and businesses to research and compare different Rebate programs to find the best option for their specific needs.

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