Have you ever found yourself in a situation where you got disturbed by your high electricity bill? If yes, then you are not alone; many like you are concerned about their utility bills. There are many ways by which you can cut down on your bill. One way is to invest in renewables like solar power. With the long summers, and sun being available for the most part of the year, Australia is well placed for solar energy installation. Solar energy is the source of limitless energy, only tapping about 5% of the total sun energy can meets the entire earth energy for a month. But in Australia the cost of solar panel is quite high and this is where the Australian government’s rebates come into play. We will talk all about the government rebates available in Australia in this context.
What Solar feed in tariff is available in your area? This is again a very complex thing as Australia is a deregulated market, so many providers offer different incentives. We are going to discuss the rebates offered by some prominent providers:
- Federal government solar rebate- Under the federal government, the Small-Scale Renewable Energy Scheme (SRES) gives them incentives to install renewable energy systems such as rooftop solar, solar water heaters, and heat pumps.
- Solar Rebate Offered by ACT- ACT household gets discount for installing a battery with new or existing solar PV systems. These are used to store solar energy that can be used during peak hours or in times of power outages due to grid failure. ACT offers a rebate of $825 per kilowatt (kW) on new solar battery storage devices, up to 30kW.
- Solar Rebate Victoria- In Victoria, you can avail the discount for installing solar panels, batteries, energy-efficient heating and solar hot water systems. You can get a maximum rebate of up to $1850, with the option of an interest-free loan.
- Solar rebate South Australia- Due to massive response in South Australia, SA home battery scheme subsidy has been cut from $4000 to $3000 per battery. Other than that, you can get benefits related to Solar feed in tariff.
- Solar rebate Queensland- There are no specific subsidies available for people looking to install solar panels in Queensland. However, they can enter into a purchase agreement that doesn’t require paying the amount upfront.
- Solar rebate New South Wales- All the residents of New South Wales are eligible to claim interest-free loans under the Empowering Homes solar battery loan offer. This scheme offers interest-free loans of up to $14,000 to purchase a solar PV and battery system that must be repaid within eight years.
One thing to note here is that some retailers that manage your area’s poles and the wires may also Solar feed in tariff benefits. All this helps create a virtual power plant that can act as complementary power in case of a power outage.
Final Words
As you can see, it doesn’t matter where you live. You will have sort of incentives associated with installing solar power. You can look online and check for the best offer available in your area.
