In Australia, the two main rebates available for Solar panel installations are the Small-scale Renewable Energy Scheme (SRES) and state-based feed-in tariffs.
To be eligible for the SRES, Solar panels must meet certain standards and be installed by a Clean Energy Council accredited installer. Homeowners and businesses can then create small-scale technology certificates (STCs) based on the amount of renewable energy their system is expected to produce over its lifetime. These certificates can be traded or sold to offset the upfront cost of the installation.
State-based feed-in tariffs vary depending on the location, but generally involve receiving a credit or payment for excess electricity generated by the Solar panels that is fed back into the grid. To claim these tariffs, homeowners and businesses must register for a feed-in tariff scheme with their electricity retailer and meet any additional requirements set by the state government.
It’s important to carefully read and understand the eligibility criteria and requirements for each Rebate before proceeding with a Solar panel installation. Working with a reputable and accredited installer can help ensure that the process goes smoothly and that all necessary paperwork is completed correctly.
