The main solar rebate program in Australia is the Small-scale Renewable Energy Scheme (SRES), which provides financial support to small-scale renewable energy systems, including solar photovoltaic (PV) systems. Under the SRES, homeowners and businesses are eligible to receive small-scale technology certificates (STCs) for every megawatt-hour of electricity their solar systems generate. These certificates can be sold to electricity retailers, who are required by law to buy a certain amount of STCs each year or pay a penalty.

February 21, 2024by Luke0

The amount of financial support provided through the SRES varies depending on factors such as the size of the Solar system, its location, and the market value of STCs. The program aims to make Solar PV systems more affordable for homeowners and businesses, while also encouraging the uptake of renewable energy across Australia.

In addition to the SRES, some states and territories in Australia also offer their own Solar Rebate programs to further incentivize the installation of Solar PV systems. These programs may provide additional financial incentives or rebates on top of the STCs received through the SRES.

Overall, the Solar Rebate programs in Australia play a crucial role in supporting the transition to renewable energy and reducing greenhouse gas emissions. By making Solar PV systems more affordable for consumers, these programs help to drive investment in clean energy technology and contribute to a more sustainable future.

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