Solar Panel Government Rebate Sa

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Solar panel government rebate sa.

Solar power with government rebates and incentives. You ll get a good idea of the amount in rebates otherwise known as stcs you can get. South australia solar rebates and incentives. Small scale technology certificates in south australia.

This scheme is not means tested. The federal government s stcs scheme is still currently available to assist in offsetting the cost of purchasing a solar panel system in south australia throughout 2018. There are a few rebates on offer in sa to help you save on solar as well as to see a much faster return on your investment. 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.

With government rebates and reducing solar panel costs a southern australian could get a great solar installation without spending a fortune. 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. The main incentives discussed in this article are small scale technology certificates stcs and feed in tariffs fits. The tax break reduces.

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. This brief guide explores the solar rebates you can get in south australia in detail. 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. The reduction is based on all electricity consumed not just that generated by the solar panels.

The amount of the rebate varies depending on the number of sunshine hours your location receives and the size of the system you select. To find what s available fill in the search with some information about yourself and where you are in australia. 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.