Solar Panel Government Rebate Sa

Solar power with government rebates and incentives.

Solar panel government rebate sa. With government rebates and reducing solar panel costs a southern australian could get a great solar installation without spending a fortune. The main incentives discussed in this article are small scale technology certificates stcs and feed in tariffs fits. 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. The amount of the rebate varies depending on the number of sunshine hours your location receives and the size of the system you select.

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. The reduction is based on all electricity consumed not just that generated by the solar panels. This scheme is not means tested. You ll get a good idea of the amount in rebates otherwise known as stcs you can get.

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. South australia solar rebates and incentives. The tax break reduces. You could also see if there s additional support available during covid 19 from the australian government or the state.

To find what s available fill in the search with some information about yourself and where you are in australia. 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. The federal rebate can shave off up to 3 000 off the cost. Both homeowners and businesses qualify for a federal tax credit equal to 26 percent of the cost of their solar panel system minus any cash rebates.

Small scale technology certificates in south australia. 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. This brief guide explores the solar rebates you can get in south australia in detail.