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Solar Panel Rebates

Solar Panel Rebates

There are thousands of dollars in solar panel rebates still available through the Solar Credits Scheme, but they reduce annually so now is the time to act. SolarSwitch offer the Solar Credits Rebate as a high point of sale discount reducing your upfront investment.

By investing your solar rebate in a premium SolarSwitch solar power system you will get true value for money and maximise your returns. The Federal Government’s Solar Credits Scheme means anyone installing solar power on their home, business or local community building could be eligible for a rebate towards the upfront cost of their solar power system.

Every solar power system that is installed in Australia earns “Small-scale Technology Certificates” (STCs). For the first 1.5kW of solar panels installed the system earns a multiplier of these STCs known as the Solar Credits Rebate, after that point the single STC value applies. The Solar Credit Scheme is not means tested and is open to both home and business owners. These rebates are designed to reduce substantially every year as more people install solar power.

Solar Switch offers this rebate as a point of sale discount so Call Now.

The table below shows the approximate value of the solar panel rebates available for a typical 1.5kW solar power system installed in Australia. The rebates are based on a $30/ STC value.


Approximate Maximum Level of Support

City

 1 x Solar Credits multiplier
(systems installed from 1st Jan 2013* to 30 June 2020)
Sydney $930 (31 STCs)
Canberra $930 (31 STCs)
Brisbane $930 (31 STCs)
Melbourne $930 (31 STCs)
Adelaide $930 (31 STCs)

* If you ordered on or before Nov 15th 2012 you have until June 30th 2013 to install based on the 2 x multiplier

Feed-In Tariffs

Most states and territories have an ongoing solar panel rebate in the form of net or gross feed-in tariffs (FiT). This is where the excess (net) or all (gross) of the solar electricity generated by the solar panels is fed into the grid and bought back by your energy retailer.

Regardless of whether your state has a feed-in tariff you are still saving the average retail rate (approximately 25c/kWh) because you are producing your own clean green electricity rather than buying coal fired electricity from the power companies.

Rates of pay differ from state to state, as does the type of feed-in tariff system:

Net feed-in tariffs:

You are paid for excess electricity generated on top of what your household uses.

Gross feed-in tariffs:

You are paid for all electricity generated by your system.

State
Tariff
(FiT)#
Type of Tariff   Avg Electricity Produced (kWh/day)* Estimated Savings p/yr**
(based on 1.5kW system)
NSW $0.08 Net 5.85 $572.32
ACT $0.21 Net 1:1
6.45 $494.39
QLD $0.44/$0.08 Net 6.3 $756.28/$585.46
VIC $0.08 Net 5.4 $559.18
SA $0.16 Net 6.3 $623.42

*The Average electricity produced calculations are an estimate based on data provided by the Clean Energy Council.

**The potential savings per year calculations are an estimate based on the average cost of electricity per kW/h being $0.30 except the ACT which is $0.21 and assumes 5kWh of electricity produced is used and the remainder fed back into the grid based on data provided by the Clean Energy Council.

#NSW FiT is based on AGL net tariff rate, ACT FiT is based on ActewAGL 1:1 net tariff at average energy price. All other states are state based FiT schemes.