The main solar rebate program in Australia is the Small-scale Renewable Energy Scheme (SRES), which is administered by the Clean Energy Regulator. Under the SRES, eligible solar power systems are awarded Small-scale Technology Certificates (STCs) based on their expected electricity generation over a 15-year period. These STCs can then be sold to electricity retailers, which helps offset the cost of the solar installation.

March 13, 2024by Luke0

The amount of STCs awarded to a Solar power system is determined by factors such as the size of the system, its location, and the current market price for STCs. The value of STCs can fluctuate based on market conditions, but they generally provide a significant financial incentive for households and businesses to invest in Solar power.

To be eligible for STCs, Solar power systems must meet certain criteria, including being installed by a Clean Energy Council-accredited installer and using approved Solar panels and inverters. The number of STCs awarded to a system is also reduced over time as the scheme is gradually phased out, so it’s important for consumers to take advantage of the program while it’s still available.

Overall, the SRES has been successful in promoting the uptake of Solar power in Australia and reducing greenhouse gas emissions. It has helped make Solar power more affordable for households and businesses, while also supporting the growth of the renewable energy industry.

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