The main solar rebate in Australia is the Small-scale Renewable Energy Scheme (SRES), which provides financial incentives for installing small-scale renewable energy systems, including solar panels. Under the SRES, homeowners and businesses receive Small-scale Technology Certificates (STCs) for the amount of electricity their solar panels are expected to generate over a 15-year period. These STCs can be sold to electricity retailers, who are required by law to purchase a certain number of them each year. The value of STCs fluctuates depending on market conditions, but they can significantly reduce the cost of a solar panel system.

March 23, 2024by Luke0

In addition to the SRES, some state and territory governments in Australia also offer their own Solar rebates and incentives. For example, the New South Wales government provides the Solar Homes Program, which offers rebates for eligible households to install Solar panels. The Victorian government offers the Solar Homes Program as well, which provides rebates for Solar panel installations and Solar hot water systems.

It’s important to note that Solar rebates and incentives can vary depending on where you live in Australia, so it’s recommended to check with your local government or Solar retailer to see what options are available to you. Additionally, it’s always a good idea to do your own research and compare different Solar Rebate programs to find the best deal for your specific situation.

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