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). These certificates are created for every megawatt-hour of electricity that a solar power system generates over a period of 15 years. The number of STCs a system is eligible for depends on its location, size, and the amount of electricity it is expected to generate.

February 24, 2024by Luke0

The value of STCs fluctuates based on market demand, but they can typically be sold for around $40-$50 each. This can significantly reduce the upfront cost of installing a Solar power system.

In addition to the SRES, some states and territories in Australia also offer additional rebates and incentives for Solar power systems. For example, the New South Wales government offers the Solar Homes program, which provides interest-free loans and rebates for eligible households looking to install Solar panels.

Overall, these Rebate programs aim to encourage the uptake of renewable energy and reduce greenhouse gas emissions in Australia. By making Solar power more affordable for households and businesses, these incentives help to accelerate the transition to a cleaner and more sustainable energy system.

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