The main solar rebate program in Australia is the Small-scale Renewable Energy Scheme (SRES), which provides a financial incentive for small-scale solar panel systems, wind turbines, and solar water heaters. This scheme is administered by the Clean Energy Regulator.

March 17, 2024by Luke0

Under the SRES, households and businesses that install eligible small-scale renewable energy systems can receive Small-scale Technology Certificates (STCs), which can then be sold or traded to recoup some of the upfront cost of the system.

The amount of STCs that a system is eligible for depends on factors such as the size of the system and its location, with more STCs available for systems in areas with higher Solar radiation levels. The value of STCs can also fluctuate based on market demand.

The SRES is designed to reduce greenhouse gas emissions and encourage the uptake of renewable energy technologies. It has been successful in driving the rapid growth of the Solar industry in Australia, making Solar power more accessible and affordable for households and businesses.

In addition to the SRES, some states and territories in Australia also offer additional rebates and incentives for Solar power installations. It is recommended to check with local authorities or Solar providers to find out about any available rebates or incentives in your area.

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