Solar Panel Australia Rebate

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.

Solar panel australia rebate.

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. 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. 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. It s usually a set rate per kilowatt hour and paid as a credit on electricity bills.

Provided by the australian federal government the solar panel rebate is known as the small scale renewable energy scheme sres or the stc rebate. Powering some or all of your home or business by solar has enormous cost benefits to reducing electricity bills. For example the victorian solar homes program will be extended for 2019. Find out all you need to know about our interest free loan offering here.

Find out more about the program and fill out an inquiry form by visiting our victorian solar homes program page. Loans for solar pv. The amount of the rebate varies depending on the number of sunshine hours your location receives and the size of the system you select. Eligible customers can be paid a solar feed in tariff with any of our electricity plans.

To further reduce installation costs householders can apply for an interest free loan for an amount equivalent to their rebate amount. 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. 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. We are providing a rebate of up to 1 850 for solar panel pv system installation for homeowners and rental properties.

Not sure if you want a loan. The solar rebate program allows australian homes and businesses access to federal funding to install solar panels onto property. You can save thousands of dollars on installing solar panels if you qualify for a solar rebate subsidy or grant.