The main solar rebate program in Australia is the Small-scale Renewable Energy Scheme (SRES), which provides a subsidy for small-scale solar panel installations with a capacity of up to 100 kilowatts. The rebate is calculated based on the size of the system and the location, and it is typically applied as a discount on the upfront cost of the installation.

March 28, 2024by Luke0

The SRES works by creating Small-scale Technology Certificates (STCs) for each megawatt-hour of electricity generated by the Solar panels. These STCs can then be sold to electricity retailers or other entities, providing a financial incentive for the installation of Solar panels.

The amount of the Rebate varies depending on factors such as the location of the installation, the size of the system, and the current market price for STCs. In general, the Rebate can cover a significant portion of the upfront cost of installing Solar panels, making renewable energy more accessible for homeowners and businesses.

In addition to the SRES, some states and territories in Australia also offer additional rebates and incentives for Solar panel installations. These programs can vary in their eligibility criteria and funding levels, so it’s important to research the options available in your area.

Overall, the main Solar Rebate program in Australia, the SRES, plays a crucial role in promoting the adoption of Solar energy and reducing greenhouse gas emissions. By providing financial incentives for small-scale Solar installations, the program helps to make renewable energy more affordable and accessible for Australians.

Share on:

Leave a Reply

Your email address will not be published.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