The main solar rebate in Australia is the Small-scale Renewable Energy Scheme (SRES), also known as the solar rebate or STCs (Small-scale Technology Certificates). Under this scheme, homeowners and businesses that install small-scale solar, wind, or hydro systems can create STCs for the energy they generate. These STCs can then be sold to electricity retailers, who must purchase a certain number each year to meet their renewable energy obligations. The value of STCs fluctuates depending on supply and demand, but they can significantly reduce the upfront cost of installing solar panels.

April 2, 2024by Luke0

In addition to the SRES, some states and territories in Australia also offer additional rebates and incentives for Solar energy systems. For example, the New South Wales government offers the Empowering Homes Program, which provides interest-free loans for Solar and battery installations. Victoria has the Solar Homes Program, which offers rebates for Solar panels, batteries, and hot water systems. Other states and territories may have similar programs in place to encourage the adoption of renewable energy technologies.

Overall, the Solar Rebate programs in Australia help make Solar energy more affordable for homeowners and businesses, reducing the upfront cost of installation and making it a more attractive investment. These programs also help to reduce greenhouse gas emissions and promote the transition to a more sustainable energy future.

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