The main solar rebate program in Australia is the Small-scale Renewable Energy Scheme (SRES), which provides financial incentives in the form of Small-scale Technology Certificates (STCs). The number of STCs a solar system is eligible for depends on its size, location, and the amount of renewable energy it is expected to generate over its lifetime.

March 12, 2024by Luke0

STCs can be traded on the open market or sold to registered agents, who then sell them to electricity retailers to meet their renewable energy obligations. The value of STCs fluctuates based on market conditions, but generally provides a significant discount on the upfront cost of a Solar system.

In addition to the SRES, some states and territories in Australia also offer additional Solar rebates and incentives to further encourage the uptake of Solar power. These programs can vary in eligibility criteria, funding availability, and the level of support provided.

Overall, Solar rebates and incentives play a crucial role in making Solar energy more affordable and accessible to households and businesses in Australia, helping to reduce carbon emissions and transition towards a cleaner and more sustainable energy future.

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