The Small-scale Renewable Energy Scheme (SRES) is a federal government initiative that provides rebates for small-scale Solar panel, wind, and hydro systems. This scheme is administered by the Clean Energy Regulator and provides financial incentives in the form of Small-scale Technology Certificates (STCs). These STCs can be traded or sold to electricity retailers, which helps reduce the upfront cost of installing Solar systems.
The number of STCs a system receives is based on its size, location, and the amount of renewable energy it is expected to generate over its lifetime. The more STCs a system is eligible for, the higher the Rebate value.
In addition to the SRES, some states and territories in Australia provide their own Solar rebates. These state-based rebates vary in terms of eligibility criteria, Rebate amounts, and application processes. For example, the New South Wales (NSW) government offers the Solar Homes program, which provides rebates and interest-free loans to eligible households for the installation of Solar systems. Other states and territories, such as Victoria, Queensland, South Australia, and the Australian Capital Territory, also offer their own Solar rebates.
It’s worth noting that the availability and details of these rebates may change over time, so it’s important to check with the relevant government agencies or consult a Solar installer for the most up-to-date information.