The two main rebate programs in Australia are the Small-scale Renewable Energy Scheme (SRES) and the Victorian Solar Homes Program.

February 26, 2024by Luke0

The Small-scale Renewable Energy Scheme (SRES) is a federal government initiative that provides financial incentives to households and businesses that install small-scale renewable energy systems such as Solar panels, wind turbines, and Solar water heaters. The scheme works by creating a market for Small-scale Technology Certificates (STCs), which are generated based on the amount of renewable energy the system produces. These STCs can then be sold or traded to offset the cost of installing the system.

The Victorian Solar Homes Program is a state government initiative that provides rebates and interest-free loans to help Victorian households and businesses install Solar panels and Solar hot water systems. The program aims to make renewable energy more accessible and affordable for Victorians, while also reducing greenhouse gas emissions and creating jobs in the renewable energy sector.

Both of these Rebate programs are designed to encourage the adoption of renewable energy technologies and reduce the reliance on fossil fuels for electricity generation. By providing financial incentives and support for renewable energy installations, these programs help to reduce energy costs for consumers, reduce greenhouse gas emissions, and contribute to a more sustainable energy future for Australia.

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