The main solar rebate available in Australia is the Small-scale Renewable Energy Scheme (SRES), which provides financial support for small-scale renewable energy systems, including solar panels. Under this scheme, homeowners and businesses can create Small-scale Technology Certificates (STCs) for every megawatt-hour of electricity their system is expected to generate over a certain period. These STCs can then be sold to electricity retailers, who are required by law to purchase a certain number each year to meet their Renewable Energy Target.

April 5, 2024by Luke0

The amount of financial support available through the SRES varies depending on factors such as the size of the system and its location. The Rebate is typically applied as an upfront discount on the cost of purchasing and installing a Solar panel system.

In addition to the SRES, some states and territories in Australia also offer additional rebates or incentives for Solar panels. For example, the New South Wales government offers the Solar Homes program, which provides rebates for the purchase and installation of Solar panels for eligible households.

Overall, the availability and amount of rebates for Solar panels in Australia can vary, so it’s important for homeowners and businesses to research and understand the options available to them in order to maximize their financial support for renewable energy projects.

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