Solar Panel Australia Rebate

You can save thousands of dollars on installing solar panels if you qualify for a solar rebate subsidy or grant.

Solar panel australia 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. Find out what you need to know about the solar panel rebate. To further reduce installation costs householders can apply for an interest free loan for an amount equivalent to their rebate amount. It s usually a set rate per kilowatt hour and paid as a credit on electricity bills.

Eligible customers can be paid a solar feed in tariff with any of our electricity plans. It provides australians who are purchasing solar pv systems for their homes with a substantial reduction to the upfront cost of the system. Loans for solar pv. Find out all you need to know about our interest free loan offering here.

Powering some or all of your home or business by solar has enormous cost benefits to reducing electricity bills. Reviewed 24 july 2020. 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. 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 amount of the rebate varies depending on the number of sunshine hours your location receives and the size of the system you select. For example the victorian solar homes program will be extended for 2019. Find out more about the program and fill out an inquiry form by visiting our victorian solar homes program page. 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 solar rebate program allows australian homes and businesses access to federal funding to install solar panels onto property. 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. Provided by the australian federal government the solar panel rebate is known as the small scale renewable energy scheme sres or the stc rebate.