Rebates and Solar Credits
Solar power feed-in tariffs and renewable energy incentive programmes are available through Australia but vary from State to State. We recommend you click on the links below to gain further information on what is available in your area, or call one of V-Solar’s helpful consultants today on 1300 315 002 or email us for more information.
Solar rebates and grants for Schools 2012-2013 Funding Round
The Small-scale Renewable Energy Scheme (SRES)
The Small-scale Renewable Energy Scheme creates a financial incentive for owners to install eligible small-scale installations such as solar water heaters, heat pumps, solar panel systems, small-scale wind systems, or small-scale hydro systems. It does this by legislating demand for Small-scale Technology Certificates (STCs). STCs are created for these installations according to the amount of electricity they produce or displace. RET Liable entities have a legal requirement to buy STCs and surrender them on an quarterly basis.
Financial Incentives for Solar Panels
Under the Small-scale Renewable Energy Scheme the reduction in the cost of your solar panel is not a rebate. You will not qualify for any Government-based financial recompense at the completion of any process relating to STCs.
Solar panel systems are entitled to a number of small-scale technology certificates (STCs) if the system is eligible. This is based on the amount of electricity in megawatt hours (MWh) the system generates over the course of its lifetime. In addition, your system may be eligible for Solar Credits which multiplies the number of STCs the system can receive.
Solar Bonus Scheme in New South Wales
In NSW, customers are able to connect a solar PV system or wind turbine to the grid. Check with your distributor and determine their connection and application requirements before you proceed. You should also familiarise yourself with the range of information available on all aspects of installing a solar system (see contacts below)
There are several benefits of installing a small-scale renewable energy system, including:
- reduced electricity bills by installing a net metered system;
- alternative financial incentives offered by some energy retailers; and
- financial incentives through Commonwealth Small-scale Renewable Energy Scheme.
Solar Bonus Scheme in Queensland – Do the Bright Thing
Rebate and Incentives
The Queensland and Federal Governments offer a range of rebates and incentives to help make installing solar on your home, small business or community facility more affordable.
Solar hot water
Government solar hot water rebates and incentives currently available can reduce the cost of buying a solar hot water system.
Government solar hot water incentives you may be eligible for include:
- Queensland Government Solar Hot Water Rebate
- Small-scale Technology Certificates (STCs).
These schemes operate separately, so find out more about each of them before you purchase a system.
Community groups may be eligible for Solar Sport and Community Group Grants to install solar hot water and/or solar power systems. Solar power (photovoltaic) systems Government incentives for solar power systems you may be eligible for include:
- Queensland Government Solar Bonus Scheme
- Small-scale Technology Certificates (STCs)
- Federal Government Solar Credits.
Community groups may be eligible for Solar Sport and Community Group Grants to install solar power systems and/or solar hot water.
Solar Power and Hot Water Rebates in Victoria
Some rebates are still available, more information at http://www.vic.gov.au/government-economy/budgets-funding-rebates/rebates.html Energy rebates, concessions and incentives
In Western Australia Solar Power Rebates & Renewable Energy Assistance
Renewable Electricity rebates, Solar Hot Water rebates are available in Western Australia. For up to date information visit the government website.