Australian Solar Panel Rebate

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.

Australian solar panel rebate.

The solar panel rebate varies depending on where you live the system size you install and on market prices but typically the incentive will save you between 2 500 3 300 off the price of a 5kw solar system. 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. In return you will receive what s known as a feed in tariff a rebate of around 10 to 23 cents for each kwh of electricity exported. We are providing a rebate of up to 1 850 for solar panel pv system installation for homeowners and rental properties.

The current rebate subsidises 54 of the price when purchasing a solar system for a home or property. The available rebates and feed in tariffs are financial incentives that make a solar power investment in western australia particularly appealing. Provided by the australian federal government the solar panel rebate is known as the small scale renewable energy scheme sres or the stc rebate. To further reduce installation costs householders can apply for an interest free loan for an amount equivalent to their rebate amount.

Rebates can vary but in some instances home owners are getting up to 5000 in assistance towards their systems. Once your system is up and running you will also receive a solar feed in tariff for every kilowatt kwh you export back to the electricity grid. You could also see if there s additional support available during covid 19 from the australian government or the state. 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.

It provides australians who are purchasing solar pv systems for their homes with a substantial reduction to the upfront cost of the system. This means prices will go up by this much for a solar system once the solar government rebate has been cut. The australian government will give you a rebate on the purchase of solar panels. If you purchase solar panels that are installed by a clean energy council installer you will receive the australian government solar rebate.