There are two main types of solar rebates available in Australia: the Small-scale Renewable Energy Scheme (SRES) and state-based feed-in tariffs.

February 26, 2024by Luke0

The Small-scale Renewable Energy Scheme (SRES) is a federal government initiative that provides financial incentives for households and businesses that install small-scale renewable energy systems, such as Solar panels or Solar hot water systems. The SRES works by issuing Small-scale Technology Certificates (STCs) for each megawatt-hour of electricity generated by the system, which can then be sold to electricity retailers to help offset the cost of installation.

State-based feed-in tariffs, on the other hand, are incentives offered by state governments to encourage households and businesses to generate renewable energy and feed it back into the grid. Feed-in tariffs typically pay a set rate per kilowatt-hour of electricity generated by the system, which is then credited to the customer’s electricity bill or paid out as a cash Rebate.

Both the SRES and state-based feed-in tariffs can help offset the upfront costs of installing a Solar energy system, making Solar power more affordable for consumers and helping to reduce greenhouse gas emissions. It’s important to check with your state government and energy provider to see what rebates and incentives are available in your area.

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