The main solar rebate program in Australia is the Small-scale Renewable Energy Scheme (SRES), which provides a subsidy for small-scale solar panel systems, wind systems, and solar water heaters. The SRES is administered by the Clean Energy Regulator and operates through the creation of small-scale technology certificates (STCs).

March 17, 2024by Luke0

Under the SRES, households and businesses that install eligible Solar panel systems are able to create STCs based on the amount of renewable energy the system is expected to generate over its lifetime. These STCs can then be sold to electricity retailers or other parties, providing a financial incentive for the installation of Solar panels.

The amount of subsidy provided through the SRES varies depending on factors such as the size of the system and its location. The subsidy is typically deducted from the upfront cost of installing the system, making Solar power more affordable for consumers.

In addition to the SRES, some states and territories in Australia also offer additional rebates and incentives for Solar power installations. These programs can vary by region and may include feed-in tariffs, rebates for battery storage systems, or grants for community renewable energy projects.

Overall, the SRES and other Solar Rebate programs in Australia play a key role in promoting the uptake of renewable energy and reducing greenhouse gas emissions. By making Solar power more accessible and affordable for consumers, these programs help to drive the transition to a cleaner and more sustainable energy system.

Share on:

Leave a Reply

Your email address will not be published.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