The national and federal governments provide separate subsidies for those that want to adapt solar in their home or business.
Navigating the landscape of solar rebates can be complex, but with the right knowledge, you can make informed decisions to maximize your savings and environmental impact. Whether you're considering installing solar panels for your home or business, understanding the available rebates and incentives is essential. At Smart Energy Answers, we're committed to helping you harness the power of solar energy efficiently and cost-effectively. Reach out to us today to explore your solar options and start saving on your energy bills while contributing to a sustainable future.
In Australia, there are primarily two types of solar rebates:
-
Small-scale Renewable Energy Scheme (SRES):
Under the SRES, customers who install eligible small-scale renewable energy systems, such as rooftop solar panels, can earn Small-scale Technology Certificates (STCs). These certificates are calculated based on the amount of renewable energy the system will generate over its lifetime and can be sold or assigned to reduce the upfront cost of the installation.
-
Solar Feed-in Tariffs:
This rebate is a subsidy provided for the excess electricity generated by solar systems that is exported back into the grid. While feed-in tariffs vary by state and retailer, they essentially pay solar customers a certain rate for each kilowatt-hour of surplus energy they feed back into the grid.
State-specific Rebates
Each state in Australia offers its own set of solar rebates and incentives. Here's a brief overview:
- New South Wales (NSW): Offers rebates under the Solar for Low-Income Households program.
- Victoria (VIC): Provides rebates for solar PV panels, solar batteries, and solar hot water systems.
- Queensland (QLD): Primarily relies on STCs and feed-in tariffs without additional rebates.
- South Australia (SA): Offers specialty solar programs and Virtual Power Plant (VPP) programs.
- Western Australia (WA): Operates the Distributed Energy Buyback Scheme (DEBS) for solar customers.
- Tasmania (TAS): Provides feed-in tariffs and STCs without specific solar rebates.
- Northern Territory (NT): Offers grants for solar batteries and inverters through the Home and Business Battery Scheme.
- Australian Capital Territory (ACT): Provides interest-free loans and rebates for energy-efficient upgrades through various schemes like the Sustainable Household Scheme.