Government Solar Rebates
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.
The rebate amount is determined by the number of small-scale technology certificates (STCs) a solar system is entitled to. The larger the solar system the more STC’s it will receive. Every year on January 1st the amount of STC’s a solar system is granted decreases meaning the rebate decreases. An average residential sized system can currently receive up to $3,700.