The main solar rebate available in Australia is the Small-scale Renewable Energy Scheme (SRES), which provides a subsidy in the form of Small-scale Technology Certificates (STCs). These STCs are generated based on the amount of electricity a solar system is expected to produce over its lifetime. The more electricity a system is expected to generate, the more STCs it will be eligible for.

February 28, 2024by Luke0

The value of an STC fluctuates depending on market conditions, but typically ranges from $30 to $40 per certificate. Solar system installers usually offer to discount the upfront cost of installation by the value of the STCs, making Solar panels more affordable for homeowners.

To be eligible for the SRES Rebate, the Solar system must be installed by a Clean Energy Council-accredited installer and meet certain quality standards. The Rebate is available for residential, commercial, and community installations of Solar panels, Solar water heaters, and heat pumps.

In addition to the SRES Rebate, some states and territories in Australia offer additional incentives for Solar power installations, such as feed-in tariffs and low-interest loans. It’s important to research the available rebates and incentives in your area to maximize the financial benefits of installing Solar panels.

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