Australia currently offers a wide range of incentives and rebates for households considering installing solar PV or solar battery systems in their residential properties. With these incentives, rebates, subsidies, and loans, homeowners can acquire and install a solar PV system or solar battery for their homes with lower upfront costs.
Solar Victoria’s
Solar Homes Program offers rebates for the installation of solar panels and interest-free loans for the installation of solar batteries among Victorian homeowners with existing homes, homes under construction, and rental properties, helping them reduce their installation costs.
To be eligible for a solar panel (PV) rebate, you must be:
With this program, eligible homeowners will be qualified for:
To be eligible for an interest-free solar battery loan, you must meet the following requirements:
With this program, eligible homeowners will be qualified for:
Battery storage may not be suitable for every home or circumstance. So before considering a battery storage, conduct a thorough research first to determine if this option aligns with your household's needs.
The Queensland state government does not currently offer financial incentives or rebates for either home battery storage systems or solar panels. The only solar incentive available is the Federal Government's Small-scale Technology Certificates (STCs).
The scheme works by providing small-scale technology certificates (STCs) to eligible households that installed solar panels in their residences.
These STCs can then be exchanged for Australian dollars, which will be taken off the price of your system. Depending on the system size you've selected, you're generally eligible for a certain number of certifications. In Queensland, a solar system can earn up to 12 certificates per kWH on average, with the total number of certificates per KW rising slightly for every additional KW the system produces.
Fortunately, due to Brisbane's sunny climate, residents are eligible for STCs of higher value. A 5kW system can save households up to $3,500, but you must have your system installed by a Clean Energy Council accredited installer to qualify for the refund.
The NSW government currently offers affordable clean energy incentives for every solar system installed on your home.Through this program, the NSW government is able to assist low-income homeowners in lowering their electricity costs.
You may save up to $600 a year on your household electricity bills by going solar, which is a terrific way to lessen your environmental impact. The Low Income Household Rebate, which is $285 per year, is up to twice as much as that.
To be eligible for this incentive, you must fulfil the following requirements:
With this program, eligible homeowners will be qualified for:
Currently, there are no rebates and incentives offered for solar system installations in South Australia. In June 2022, the state of South Australia announced the Home Battery Scheme that promotes the participation of South Australian residents in the virtual power plant (VPP) program for both new and used home battery installations be discontinued. Significantly, this program offered loans and subsidies up to $6000 off a solar home battery in order to promote the installation of household solar batteries.
However, your solar photovoltaic (PV) system may be compensated for each kilowatt-hour (kWh) of excess electricity it exports to the power grid. There are two types of feed-in tariff:
Depending on when SA Power Networks granted authorisation to link the system to the primary electrical grid, you may be eligible for feed-in tariffs.
The Commonwealth Government offers a financial incentive for the installation of renewable energy systems through the Small-scale Renewable Energy Scheme. Solar installers typically arrange the involvement of this program, so the consumer gets a discount on the purchase price up front.
The Small-scale Renewable Energy Scheme offers incentives to eligible small-scale renewable energy systems in the form of small-scale technology certificates, which can be sold to recover some of the costs incurred during the purchase and installation of the system.
Small-scale renewable systems which may be eligible for certificates include:
Installing a renewable energy system such as solar panels (PV) offers three types of benefits to household customers:
The ACT government currently has the Next Generation Energy Storage program. However, the program has already reached its target of 5,000 batteries in Canberra homes and businesses – and is no longer accepting rebate applications.
But if you are considering installing energy-efficient equipment, starting from July 1, 2023, the Home Energy Support offers rebates of up to $5,000 for eligible households.
To be eligible for this scheme, you must be:
With this program, eligible homeowners will be qualified for:
Starting July 1, 2023, eligible households can borrow up to $15,000 to improve their home’s energy efficiency through the Sustainable Household Scheme. This loan has a repayment period of up to 10 years with zero interest, upfront costs, or fees involved.
To be eligible for this scheme, you must be:
If you are eligible, you can use your loan to buy energy-efficient products such as:
To be eligible for solar installations through the scheme:
The Health Care Card is now recognised as an eligible concession card. Individuals with Pensioner Concession Card, Department of Veterans' Affairs Gold Card, or Health Care Card are eligible for:
To be eligible for a rebate starting July 1, 2023, you must fulfil the following requirements:
The Home and Business Battery Scheme is offered by the NT Government to assist homeowners in the Northern Territory (NT) wanting to buy and install solar batteries and inverters.
To be eligible for a rebate, you must be:
There can only be one application per residence and per homeowner, regardless of whether the property is utilised for personal use or as an investment.
Starting July 1, 2023, eligible homeowners will be qualified to receive:
If you are both a homeowner and a business owner, you can submit separate applications for a grant for your home and your business.
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