SOLAR PANELS REBATE
There is a lot of confusion around the solar rebates… and that’s probably because they have changed many times.
While we don’t control any of the rebates – and they aren’t called rebates – we can help you navigate and understand what is available to you as a consumer looking to install solar for your home.
We know that the initial costs of installing a solar panel, a new solar battery and other peripherals are high. But you can retrieve some amount back in the form of government rebates or feed-in tariffs! At Grand Group Australia, we have come across hundreds of customers in the NSW region asking us for information on this. And being one of the most popular solar panel suppliers and installers in your area, it’s on us to give you vital information about such issues! So continue reading!
Solar Rebate From The Government
First comes the government rebates, in which the local government provides various forms of discounts to its residents. You must meet the Government’s Rebate for Solar Panels’ primary criterion, and then, you can apply for their schemes. One can easily benefit from the rebate on rooftop solar and battery storage installation. You just need to locate the authorities and ask pertinent questions to them, and that’s it!
You can also call our solar experts at Grand Group Australia who can help provide you with more information on this. You can go through the following article and read all there is to know about solar panel rebates! We have comprehensively outlined every major scheme under the Government Rebate for Solar Panels & Battery Storage installation!
Small-scale Renewable Energy Scheme
To help achieve the government’s renewable energy targets, the Small-scale Renewable Energy Scheme was established.
The scheme encourages the installation of renewable energy systems, including solar panels. The amount that you receive via the scheme depends on the size of your system, your location, and the expected energy output over a certain timeframe.
Small Scale Technology Certificates (STCs)
The Small-scale Renewable Energy Trading Scheme comes in the form of Small-Scale Technology Certificates – STCs – for eligible systems.
STC values aren’t fixed – they fluctuate based on various factors – similar to the stock market. We can help you to calculate the value of the STCs eligible for your solar system installation based on the relevant factors. But we usually like to think of STCs as contributing to the installation costs of your system.
Feed-in Tariffs
While feed-in tariffs aren’t necessarily a rebate, they are essentially money back in your pocket.
If you create more energy from your solar system than your household needs – and you don’t have a solar battery to store that excess energy – you can feed the excess back to the grid and receive a tariff in the form of credit on your energy bill.
The amount you will receive depends on your energy company, so it is best to contact them to ask what they pay and to shop around to get a good deal!
Take the next step
If you are ready to install solar on your roof and learn more about the incentives available, contact us to book a free assessment.
At that assessment, we can take you through the potential savings you will make with your solar system and explain how STCs, and feed-in tariffs will work in your situation.