The Small-scale Renewable Energy Scheme (SRES) is a national Rebate program in Australia that provides financial incentives for the installation of small-scale renewable energy systems, including Solar panels. Under the SRES, eligible Solar installations receive small-scale technology certificates (STCs) based on the amount of renewable energy they generate. These certificates can then be sold or traded to recoup a portion of the upfront costs of installing the Solar system.
State-based feed-in tariffs (FiTs) are another type of Solar Rebate available in Australia. These tariffs are offered by individual state governments and provide a financial incentive for homeowners or businesses to export their excess Solar energy back to the grid. The FiTs usually involve a payment or credit for each kilowatt-hour of electricity exported, which can help offset the cost of the Solar system and reduce electricity bills.
It’s worth noting that the availability and specifics of these Solar rebates can vary across different states and territories in Australia. Each state has its own FiT programs, with different rates and eligibility criteria. Similarly, the SRES operates nationwide but the level of incentives provided can change over time. Therefore, it is advisable to check with local authorities or Solar installers for up-to-date information on the available rebates in a specific area.