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Govt Rebate - Solar Energy

GOVERNMENT REBATES

Residential customers are entitled to two types of support for their solar PV systems under the Renewable Energy Target (RET):

1. Solar Credits provided by the Federal Government

2. State feed-in tariff

government rebates

Renewable Energy Rebate

When you install a solar system , as the owner of the system you generate renewable energy certificates called Small Technology Certificates (STC). Each STC equates to 1 Megawatt hours (1000 kWh) of energy your system can produce in the period to 2030 up to a maximum of 15 years. Solar System retailers apply for these STCs on behalf of the consumers and provide you discounts upfront, thereby reducing your initial investment cost substantially.

Feed-In-Tariff

State governments pay customers for the excess/unused solar electricity exported to the grid. The feed-in tariff depends on:
1)Electricity retailer
2)solar rebate perth waState of residence

CURRENT FEED-IN TARIFF IN DIFFERENT STATES*
StateFeed-in Tariff
Victoria4.9c/kWh minimum
South Australia1.0c to 8.0c /kWh
Australian Capital Territory6.0c – 7.5 c/kWh
Tasmania8.883 c/kWh
Northern Territory9.13 c/kWh
Western Australia3c to 10c/kWh
Queensland6.3c to 9.7c/kWh
New South Wales6.2 to 10.4c/kWh

* these rates are subject to variations

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