Solar Panel Australia Rebate

Households and small businesses across australia that install a small scale renewable energy system solar wind or hydro or eligible hot water system may be able to receive a benefit under the small scale renewable energy scheme sres to help with the purchase cost. The solar panel rebate that we are not allowed to call a rebate reducing the upfront cost of solar power systems in australia if you buy a solar system today july 2020 it is subsidised by a federal government scheme worth about 585 per kw installed based on a 39 stc price i explain this later. It s usually a set rate per kilowatt hour and paid as a credit on electricity bills.

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Find out what you need to know about the solar panel rebate.

Solar panel australia rebate.

A feed in tariff fit is a credit customers receive for any unused electricity that their solar power system sends back to the power grid. The amount of the rebate varies depending on the number of sunshine hours your location receives and the size of the system you select. The rebate program which is part of australia s renewable energy target means that when you install a solar system a number of renewable energy certificates are created. When you buy solar panels in australia from an accredited installer you will receive small scale technology certificates stcs as a form of solar rebate that reduces the cost of your system purchase.

You can save thousands of dollars on installing solar panels if you qualify for a solar rebate subsidy or grant. This solar power rebate can mean significant reductions in the cost of your solar system and have been designed to encourage australia s use of renewable energy. Find out all you need to know about our interest free loan offering here. For example the victorian solar homes program will be extended for 2019.

Provided by the australian federal government the solar panel rebate is known as the small scale renewable energy scheme sres or the stc rebate. It provides australians who are purchasing solar pv systems for their homes with a substantial reduction to the upfront cost of the system. The solar rebate program allows australian homes and businesses access to federal funding to install solar panels onto property. We are providing a rebate of up to 1 850 for solar panel pv system installation for homeowners and rental properties.

Reviewed 24 july 2020. Loans for solar pv. Eligible customers can be paid a solar feed in tariff with any of our electricity plans. Not sure if you want a loan.

To further reduce installation costs householders can apply for an interest free loan for an amount equivalent to their rebate amount. Powering some or all of your home or business by solar has enormous cost benefits to reducing electricity bills. Find out more about the program and fill out an inquiry form by visiting our victorian solar homes program page.

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