Rebates for Solar Power

The Australian Government is supporting the deployment of renewable energy in Australia's electricity supply through the Renewable Energy Target (RET) scheme. The RET guarantees a market for additional renewable energy generation, using a mechanism of tradeable Renewable Energy Certificates known as RECs (backed by a legislative obligation).

Solar Credits is a mechanism within the RET scheme that boosts support to households, businesses and community groups that install small-scale solar PV, wind and hydro electricity systems by multiplying the number of RECs able to be created for eligible installations.

More information on the Federal Governments Solar Credits Scheme

Feed in Tariffs

Feed-in tariffs feed-in tariffs (FIT) can be defined as a premium rate paid to producers of renewable energy. Feed-in tariffs are a way of subsidising renewable energy and can be implemented in conjunction with mandatory renewable energy targets. The two main types are Gross and Net FIT's. Net FIT's generally pay comparatively little to the producer (generally a household) because electricity produced by solar photovoltaic (PV) or other renewable energy just offsets the producer's usage. Gross tariffs provide a more certain financial return and pay the household for all electricity produced, even if it is consumed by the producer, reducing or helping meet peak demand on the grid caused by air conditioning during hot summer months.

more information on feed in Tariffs