Federal Government Solar Rebates Scheme

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.

Federal government solar rebates scheme.

Beware of green scheme scammers. Small scale renewable energy scheme. Stcs are certificates which system owners or installers can trade in exchange for an upfront discount to the cost of a solar system. We have compiled a list of the major schemes operating in australia but there may be more rebates available to you.

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. 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. 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. The federal government provides incentives for solar systems both small and large under the renewable energy target ret.

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. The residential renewable energy tax credit as the irs calls it can be an attractive way to save on the significant cost of installing solar panels or roofing. The rebate amount is determined by the number of small scale technology certificates stcs a solar system is entitled to. For further information on all available rebates visit the your energy savings maintained by the department of industry.

To find what s available fill in the search with some information about yourself and where you are in australia. The federal government provides a solar tax credit known as the investment tax credit itc that allow homeowners and businesses to deduct a portion of their solar costs from their taxes. 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. In addition the federal government s long running solar incentive scheme is one of the most valuable solar subsidies currently available to all australian households and businesses.

An average sized residential solar. You could also see if there s additional support available during covid 19 from the australian government or the state.