The main solar rebate program in Australia is the Small-scale Renewable Energy Scheme (SRES), which provides financial incentives for small-scale solar panel installations. The SRES provides a number of Small-scale Technology Certificates (STCs) based on the amount of electricity the system is expected to generate over its lifetime. These STCs can be sold to electricity retailers, who are required by law to purchase a certain number of them each year. The value of STCs can vary depending on market conditions, but they generally reduce the cost of a solar system by several thousand dollars.

March 25, 2024by Luke0

In addition to the SRES, some states and territories in Australia also offer their own Solar Rebate programs to further incentivize the adoption of Solar energy. For example, the New South Wales government offers the Solar Homes program, which provides rebates and interest-free loans for eligible households looking to install Solar panels.

Overall, these Rebate programs play a crucial role in promoting the uptake of Solar energy in Australia by making it more affordable for homeowners and businesses to invest in renewable energy technology. By reducing the upfront costs of Solar installations, these programs help to accelerate the transition towards a cleaner and more sustainable energy future.

Share on:

Leave a Reply

Your email address will not be published.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