The main solar rebate program in Australia is the Small-scale Renewable Energy Scheme (SRES). Under this scheme, eligible solar systems up to 100 kW in capacity receive Small-scale Technology Certificates (STCs) based on the amount of electricity they are expected to generate over a 15-year period. These STCs can be traded and sold to electricity retailers, who are required by law to buy a certain number of them each year.

February 29, 2024by Luke0

The value of STCs fluctuates based on market conditions, but they can significantly reduce the upfront cost of installing a Solar system. In addition to the STCs, some state and territory governments also offer additional rebates and incentives for Solar installations.

The SRES is designed to encourage the uptake of renewable energy and reduce greenhouse gas emissions. By offsetting the cost of installing Solar panels, the scheme makes Solar power more accessible to households and businesses, helping to transition Australia towards a cleaner and more sustainable energy future.

It’s important to note that the SRES is scheduled to phase out by 2030, so now is a great time to take advantage of the rebates and incentives available for Solar installations. If you’re considering going Solar, be sure to research the available rebates in your area and consult with a qualified Solar installer to maximize your savings.

Share on:

Leave a Reply

Your email address will not be published. Required fields are marked *