The main solar rebate program in Australia is the Small-scale Renewable Energy Scheme (SRES), which is administered by the Clean Energy Regulator. Under this scheme, eligible solar PV systems, solar water heaters, and heat pump systems receive Small-scale Technology Certificates (STCs) based on the amount of electricity they are expected to generate or the amount of hot water they are expected to produce over their lifetime.

March 11, 2024by Luke0

These STCs can then be sold to registered agents or traded on the open market, providing a financial incentive for households and businesses to invest in renewable energy systems. The Rebate amount varies depending on factors such as the location of the installation, the size of the system, and the current market price of STCs.

In addition to the SRES, some state and territory governments also 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 and rebates for eligible homeowners looking to install Solar panels.

Overall, the Solar Rebate programs in Australia play a crucial role in promoting the adoption of renewable energy technologies and reducing greenhouse gas emissions. By making Solar power more affordable for households and businesses, these programs help drive the transition towards a cleaner and more sustainable energy future.

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