The main solar rebate program in Australia is the Small-scale Renewable Energy Scheme (SRES), which provides financial incentives for small-scale solar panel, wind, and hydro systems. Under the SRES, homeowners and businesses receive Small-scale Technology Certificates (STCs) for every megawatt-hour of electricity their solar system is expected to generate over a 15-year period. These STCs can be traded and sold to registered agents, who can then sell them to electricity retailers.

March 5, 2024by Luke0

Through the SRES, homeowners and businesses can receive a significant Rebate on the upfront cost of installing a Solar system, making renewable energy more accessible and affordable. The amount of Rebate varies depending on factors such as the location, size, and efficiency of the system, as well as changes in government policy and market conditions.

In addition to the SRES, some states and territories in Australia offer their own Solar Rebate programs to further support the uptake of renewable energy. These programs may include additional financial incentives, rebates, or feed-in tariffs for excess electricity generated by Solar systems.

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

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