The main solar rebate in Australia is the Small-scale Renewable Energy Scheme (SRES), which is a federal government initiative. Under this scheme, homeowners and small businesses can create Small-scale Technology Certificates (STCs) for every megawatt-hour of renewable electricity their solar panels generate. These STCs can then be sold to electricity retailers, which helps offset the cost of installing solar panels.

March 2, 2024by Luke0

The amount of STCs a system can create is determined by factors such as the location, capacity, and installation date of the Solar panels. The value of STCs can fluctuate based on market conditions, but they generally provide a significant Rebate that can make Solar panel installations more affordable for consumers.

In addition to the SRES, some state and territory governments in Australia also offer additional rebates and incentives for Solar panel installations. For example, in New South Wales, the Solar Homes Program provides rebates for eligible households to install Solar panels.

Overall, the availability of rebates and incentives can vary depending on location and government policies. It is important for consumers to research and understand the available options to make the most of the financial benefits of Solar energy.

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