The main solar rebate program in Australia is the Small-scale Renewable Energy Scheme (SRES). Under this scheme, eligible solar PV systems up to 100 kilowatts in capacity can receive small-scale technology certificates (STCs). These certificates are created for each megawatt-hour of electricity that the system is expected to generate over its lifetime.

February 27, 2024by Luke0

The number of STCs that a system is eligible for is determined based on factors such as the size of the system, its location, and the amount of electricity it is expected to generate. These STCs can then be traded on the market or sold to registered agents, who can then surrender them to the Clean Energy Regulator to offset the cost of the Solar PV system.

The value of STCs can fluctuate based on market demand and other factors, but they can provide a significant financial incentive for installing Solar PV systems. In addition to the SRES, some states and territories in Australia also offer additional rebates and incentives for Solar PV installations, so it’s worth checking with your local government to see what programs may be available to you.

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