Solar Power Rebate Nt

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 with the purchase cost.

Solar power rebate nt. Below is a brief overview of each of the rebates available to nt residents. The feed in tariff that drove rapid rooftop solar uptake in the nt has been slashed without warning the government has announced a 30 million grid scale battery and some small scale battery subsidies the roadmap to renewables report author says without reform there is a risk of a grid system crash. Contact solar choice for a free comparison of solar power quotes. Solar panel rebate renewable energy subsidy information you can save thousands of dollars on installing solar panels if you qualify for a solar rebate subsidy or grant.

Generally in the northern territory on a residential 4 5kw system the stc rebate is approximately 3900 and on a 6kw residential system the rebate is approximately 5200. Solar water heaters heat pumps and solar power systems are great for the environment and the australian government renewable energy target scheme provides a mechanism that offers generous incentives to help you make the switch the incentives come in the form of small scale technology certificates stcs that can be traded and sold on the open market or can be used as an upfront rebate to. You will receive a credit on your electricity bill for any unused solar power that is generated by your system and sent back to the grid. Solar choice articles about solar power installers and solar power policy in the northern territory nt.

For example the victorian solar homes program will be extended for 2019. Federal nt solar rebate incentive. Credits for excess power. 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.

Their value varies with market conditions and the total amount is also based on how much your solar panel system can produce. 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. This is called a feed in tariff fit. When you sign up with country solar nt you will assign your stcs to us when you purchase your solar pv system as we are a registered agent.

Solar choice is australia s solar power installation brokering and solar quote comparison service. The first important incentives for solar are subsidies under federal and nt government schemes towards the cost of your pv panels installation.