The main solar rebate in Australia is the Small-scale Renewable Energy Scheme (SRES), which is administered by the Clean Energy Regulator. Under this scheme, homeowners and businesses are eligible to receive Small-scale Technology Certificates (STCs) based on the amount of electricity the solar panels are expected to generate over a set period of time.

February 28, 2024by Luke0

STCs can be sold or traded to registered agents, who then surrender them to the Clean Energy Regulator in exchange for a Rebate on the cost of the Solar panel installation. The amount of Rebate depends on factors such as the size of the Solar panel system, its location, and the current market price of STCs.

The Rebate can significantly reduce the upfront cost of installing Solar panels, making it more affordable for homeowners and businesses to invest in renewable energy. In addition to the SRES, some states and territories in Australia also offer additional rebates and incentives for Solar panel installations, further encouraging the adoption of Solar energy.

Overall, the Solar Rebate scheme in Australia plays a crucial role in promoting renewable energy and reducing greenhouse gas emissions, helping to create a more sustainable future for the country.

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