Solar Panel Government Rebate Sa

With government rebates and reducing solar panel costs a southern australian could get a great solar installation without spending a fortune.

Solar panel government rebate sa. This brief guide explores the solar rebates you can get in south australia in detail. The federal rebate can shave off up to 3 000 off the cost. The main incentives discussed in this article are small scale technology certificates stcs and feed in tariffs fits. The amount of the rebate varies depending on the number of sunshine hours your location receives and the size of the system you select.

The tax break reduces. The federal government provides a solar tax credit known as the investment tax credit itc that allow homeowners and businesses to deduct a portion of their solar costs from their taxes. This scheme is not means tested. To find what s available fill in the search with some information about yourself and where you are in australia.

Both homeowners and businesses qualify for a federal tax credit equal to 26 percent of the cost of their solar panel system minus any cash rebates. An average sized residential solar system about 400 square feet of solar panels costs 18 000 according to the solar energy industries association an industry group. You can add more information about the topic you re interested in like solar pv or energy efficiency and what type of support like grants rebates or apps. The commonwealth government rebates renewable energy program provides a financial incentive for households investment properties holiday shacks and small businesses to install a grid connected solar power system or hot water system.

The reduction is based on all electricity consumed not just that generated by the solar panels. The sa government says analysis by frontier economics shows the program is expected to lower energy bills for participating households by 30 per cent based on a current electricity cost of approximately 40c kwh. Small scale technology certificates in south australia. You could also see if there s additional support available during covid 19 from the australian government or the state.

When you buy solar panels in australia from an accredited installer you will receive small scale technology certificates stcs as a form of solar rebate that reduces the cost of your system purchase. You ll get a good idea of the amount in rebates otherwise known as stcs you can get. South australia solar rebates and incentives.