Federal Government Solar Rebates Scheme

Both homeowners and businesses qualify for a federal tax credit equal to 26 percent of the cost of their solar panel system minus any cash rebates.

Federal government solar rebates scheme.

You could also see if there s additional support available during covid 19 from the australian government or the state. The federal government provides incentives for solar systems both small and large under the renewable energy target ret. The ret incentivises small scale and large scale solar projects differently with separate segments known as the large scale renewable energy target lret and the small scale renewable energy scheme sres. An average sized residential solar.

Small scale renewable energy scheme. Government rebates there are federal and state rebates available for rooftop solar and battery storage which can significantly reduce the cost of purchasing and installing a solar system. 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 federal government solar rebate officially known as the small scale renewable energy scheme sres entitles individuals and small businesses in australia to large reductions when installing eligible small scale renewable energy systems under 100kw such as solar pv systems and solar water heater systems.

To find what s available fill in the search with some information about yourself and where you are in australia. For further information on all available rebates visit the your energy savings maintained by the department of industry. Beware of green scheme scammers. You can add more information about the topic you re interested in like solar pv or energy efficiency and what type of support like grants rebates or apps.

Home solar power rebates the small scale renewable energy scheme can save you thousands of dollars on a solar panel system. The australian government offers genuine rebates for the installation of solar panels and individual states and territories may also offer ongoing feed in tariff programs. We have compiled a list of the major schemes operating in australia but there may be more rebates available to you. The rebate amount is determined by the number of small scale technology certificates stcs a solar system is entitled to.

Stcs are certificates which system owners or installers can trade in exchange for an upfront discount to the cost of a solar system. The solar rebate officially known as the small scale renewable energy scheme sres provides those purchasing solar pv systems with a substantial rebate based on the amount of small scale technology certificates stcs that the system is permitted to.