The amount of financial support available through the SRES varies depending on factors such as the size of the Solar system, its location, and the market value of STCs at the time of installation. The Rebate is typically applied as a point-of-sale discount, reducing the upfront cost of installing Solar panels.
In addition to the SRES, some states and territories in Australia offer additional rebates and incentives for Solar power installations. For example, the New South Wales government offers the Solar Homes program, which provides interest-free loans for eligible homeowners to install Solar panels and battery storage systems.
Overall, the goal of these Rebate programs is to encourage the adoption of renewable energy technologies like Solar power, reduce greenhouse gas emissions, and help Australia transition to a cleaner and more sustainable energy future.
