The main solar rebate scheme in Australia is the Small-scale Renewable Energy Scheme (SRES), which provides financial incentives for small-scale renewable energy systems, including solar panel installations. Under this scheme, homeowners and businesses can create Small-scale Technology Certificates (STCs) based on the expected electricity generation of their solar panel system over a 15-year period. These STCs can then be sold to electricity retailers, who are required by law to purchase a certain number of them each year. The value of the STCs varies depending on factors like the size of the system and the location.

February 22, 2024by Luke0

In addition to the SRES, some states and territories in Australia offer additional Solar rebates and incentives to encourage the uptake of Solar energy. For example, the New South Wales government offers the Empowering Homes Program, which provides interest-free loans for Solar and battery installations, as well as the Solar for Low Income Households Program, which provides free Solar panels for eligible low-income households.

The Victorian government offers the Solar Homes Program, which provides rebates for Solar panel installations, Solar hot water systems, and battery storage systems. The South Australian government offers the Home Battery Scheme, which provides subsidies for eligible households to install battery storage systems alongside their Solar panels.

Overall, these Solar Rebate schemes and incentives aim to make Solar energy more accessible and affordable for homeowners and businesses in Australia, helping to reduce greenhouse gas emissions and combat climate change.

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