The Rebate provided through the SRES helps to reduce the upfront cost of installing a Solar power system, making it more accessible for households and businesses looking to reduce their electricity bills and lower their carbon footprint. The scheme is designed to encourage the uptake of renewable energy and reduce greenhouse gas emissions in Australia.
In addition to the SRES, some states and territories in Australia also offer additional rebates and incentives for Solar power installations. For example, the New South Wales government offers the Empowering Homes Program, which provides interest-free loans for Solar battery storage systems, while the Victorian government offers the Solar Homes Program, which provides rebates for Solar panels and batteries.
Overall, the various rebates and incentives available in Australia make it more affordable for individuals and businesses to invest in Solar power systems, helping to accelerate the transition to clean and renewable energy sources.