The main solar rebate in Australia is the Small-scale Renewable Energy Scheme (SRES), which provides Small-scale Technology Certificates (STCs) to eligible solar installations. These certificates can be traded or sold to energy retailers, who are obligated to purchase a certain number of certificates each year. The value of the STCs depends on factors such as the size of the solar system and the location of the installation.

March 19, 2024by Luke0

The amount of STCs that can be claimed for a Solar installation is based on the amount of renewable energy the system is expected to produce over its lifetime, as calculated by the Clean Energy Regulator. This calculation takes into account factors such as the size of the system, the location of the installation, and the amount of sunlight the area receives.

The value of STCs can fluctuate based on market conditions and government policy changes. However, at the time of writing, the value of STCs is typically around $30-$40 per certificate. This value is then deducted from the upfront cost of purchasing a Solar system, providing a direct financial incentive for homeowners to invest in Solar energy.

In addition to the SRES, some state governments also offer additional rebates and incentives for Solar installations. For example, the New South Wales government offers the Solar Homes program, which provides rebates for the purchase and installation of Solar panels for eligible households.

Overall, the combination of the SRES and state-based incentives make Solar power a financially attractive option for many Australians looking to reduce their electricity bills and carbon footprint.

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