Solar Panel Australia Rebate

Eligible customers can be paid a solar feed in tariff with any of our electricity plans.

Solar panel australia rebate.

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. Find out what you need to know about the solar panel rebate. Reviewed 24 july 2020.

Provided by the australian federal government the solar panel rebate is known as the small scale renewable energy scheme sres or the stc rebate. 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. 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. 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.

It provides australians who are purchasing solar pv systems for their homes with a substantial reduction to the upfront cost of the system. It s usually a set rate per kilowatt hour and paid as a credit on electricity bills. You can save thousands of dollars on installing solar panels if you qualify for a solar rebate subsidy or grant. Loans for solar pv.

For example the victorian solar homes program will be extended for 2019. The amount of the rebate varies depending on the number of sunshine hours your location receives and the size of the system you select. Powering some or all of your home or business by solar has enormous cost benefits to reducing electricity bills. 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.

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. 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. Not sure if you want a loan.