1. Small-scale technology certificates (STCs): These are commonly known as Solar credits and are created when eligible small-scale renewable energy systems, such as Solar panel systems, are installed. The number of STCs generated depends on the system’s capacity and location. STCs can be traded and sold to electricity retailers, reducing the upfront cost of installing Solar panels.
2. Feed-in tariffs (FiTs): These rebates allow Solar system owners to sell excess electricity generated by their Solar panels back to the grid. The rates and terms of FiTs vary depending on the state or territory and the electricity retailer.
3. Solar panel rebates: Some state governments offer direct rebates or financial incentives for the purchase and installation of Solar panel systems. These rebates can vary in amount and eligibility criteria depending on the location.
4. Solar hot water rebates: Similar to Solar panel rebates, some states provide incentives for installing Solar hot water systems. These rebates aim to promote the use of renewable energy for water heating.
5. Solar battery rebates: Certain states offer rebates for the purchase and installation of Solar battery systems. These rebates encourage the adoption of energy storage solutions and the integration of renewable energy into the electricity grid.
It is important to note that specific eligibility criteria, Rebate amounts, and availability may vary between states and territories. It is advisable to check with local government authorities or energy agencies for the most up-to-date information on Solar rebates in your area.