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Residential solar and commercial solar

Solar Incentives & Solar Discounts

What solar power incentives and discounts are available?

The incentive outlines that households and small businesses across Australia that install a small scale renewable energy system (solar, wind or hydro) or eligible hot water system may be able to receive a benefit under the Small-scale Renewable Energy Scheme (SRES) to help offset the purchase cost.

Installing an eligible system allows for the creation of Small-scale Technology Certificates (STCs) with a value that can be redeemed by selling or assigning them. The number of STCs created is based on:

  • the amount of renewable electricity the system produces or the amount of electricity consumption it reduces;
  • the climate region where it’s installed.
Eligible Systems
Receiving Benefits

Eligible small-scale renewable systems include:

  • Solar Photovoltaic (PV) panels
  • Wind turbines
  • Hydro systems
  • Solar water heaters, and
  • Air source heat pumps

Owners can receive benefit for their STC by:

  • Assigning them to an agent (typically the system installer) in exchange for a discount or delayed cash payment, or
  • Selling the certificates themselves

Selling the certificates can be done through the open STCs market with pricing subject to market forces, or through the STCs Clearing House with the price fixed at $40 per STC, excluding GST.

So, are you eligible?

To see if you are eligible or to answer any questions you may have, contact our friendly team today or learn more on the Clean Energy Regulator website here.

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