The amount of subsidy received through the SRES depends on factors such as the size of the system, its location, and the current market value of STCs. The subsidy is typically applied as a discount on the upfront cost of the system, 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 their own Solar rebates and incentives to further encourage the adoption of Solar power. These incentives may include feed-in tariffs, rebates for Solar hot water systems, and grants for community Solar projects.
Overall, the Solar rebates available in Australia help to make renewable energy more accessible and affordable for households and businesses, while also supporting the transition to a cleaner and more sustainable energy system.
