Making the move to green energy in our homes and businesses can feel confronting. Especially when it comes to the cost of investing in solar panels and a system that works for you. But, solar power doesn’t need to be daunting. There are a number of rebates and tariffs available from the federal and state government built to make the transition easier.
Feed-in Tariff
The first and most common is a feed-in tariff. This essentially means, based on your state, there is a fixed rate attached to every kilowatt hour of energy you send back to the grid. If you have a friend who has told you that they paid nothing for their energy bill this quarter, this is the tariff responsible! You can find a breakdown of the rates per state on the Energy Australia website.
Small-scale Renewable Energy Scheme
If the upfront cost of solar is your main concern, the Small-scale Renewable Energy Scheme might be your best bet. This scheme offers a rebate based on two factors:
1 – the amount of renewable energy your system produces or the electricity consumption it reduces
2 – the region you the system is based in. You can read more about STCs here.
Solar for low income households (NSW)
Low income households in NSW may be eligible for free solar systems with the Solar for low income households scheme. Eligible homeowners must hold a valid Pensioner Concession Card or Department of Veterans’ Affairs Gold Card. You can learn more about the eligibility requirements via the energy NSW website.
PowerSmart’s Interest-Free, $0 Deposit Payment Plans
While it’s not a rebate or government assistance, at PowerSmart we know that sometimes you need a little extra support for an investment like this! That’s why we offer an interest-free, $0 deposit payment plan. This allows you to pay off your investment while you save with solar. If you’ve been looking to get into the solar game and need that peace of mind, talk to our team to see what you could save.
There are a range of great rebates and government schemes to support Australians as they make the move to solar. We recommend looking into state inventives before committing to a national tariff or rebate. And don’t be afraid to ask PowerSmart what we can do to help! You can find a handy list of all the rebates around Australia on the Canstar Blue website to find out what might be available for you.
