The main solar rebate in Australia is the Small-scale Renewable Energy Scheme (SRES), which provides financial incentives in the form of small-scale technology certificates (STCs). These STCs are created for eligible solar energy systems and can be sold to electricity retailers or other buyers to offset the cost of the installation.

March 11, 2024by Luke0

The amount of STCs that can be created for a Solar energy system is determined by factors such as the size of the system, its location, and the amount of renewable energy it is expected to generate over its lifetime. The number of STCs that can be created for a system is calculated using a formula based on the system’s capacity in kilowatts and the location’s Solar zone rating.

The value of STCs can vary depending on market conditions, but they generally provide a significant discount on the upfront cost of installing a Solar energy system. In addition to the SRES, some state and territory governments in Australia also offer additional rebates and incentives for Solar energy systems, further reducing the cost for homeowners and businesses looking to invest in renewable energy.

Overall, the SRES and other Solar rebates in Australia play a crucial role in promoting the adoption of Solar energy systems and reducing greenhouse gas emissions. By providing financial incentives for renewable energy installations, these programs help make Solar power more accessible and affordable for Australians, contributing to the country’s transition to a cleaner and more sustainable energy future.

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