Government Rebate On Solar Panels Queensland

This means a 5kw solar system will give you a rebate of 2 870.

Government rebate on solar panels queensland.

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. A 6 1kw solar system will you get a rebate worth 3 535 and a 10kw solar power system gives you a rebate of 5 775. A 5kw system is entitled to 82 stc s in 2019. You could also see if there s additional support available during covid 19 from the australian government or the state.

The bigger the solar power system the bigger the rebate. A simple way of estimating the rebate amount is to multiply the stc value by the amount of stc s a system is entitled to. The federal solar rebate is available in queensland if you live in queensland you can receive a solar panel rebate from the australian government. Other incentives for solar accelerated depreciation.

The minimum flat rate feed in tariff in regional queensland is 9 369c kwh while south east queenslanders on the energex network in the brisbane area receive a voluntary fit that s usually around 10c kwh. Covid 19 household utility relief electricity and gas rebates electricity asset ownership dividend interest free loans for solar and storage electricity and reticulated natural gas rebates home energy emergency assistance scheme solar for rentals trial. A cec accredited installer performs the installation. The number of credits will depend on.

Whether you are directly connected to mains power. Thanks to accelerated depreciation businesses can write off the value of their solar energy system through the modified accelerated cost recovery system macrs which reduces businesses tax burden and accelerates returns on solar investments qualified solar energy equipment is eligible for a cost recovery period of five years. Check if you re eligible before you buy. You can add more information about the topic you re interested in like solar pv or energy efficiency and what type of support like grants rebates or apps.

Queensland solar and battery rebate. When you bought your system. For every kwh of electricity that your solar panels export your energy distributor will rebate a few cents off your electricity bill. The value has fluctuated between 34 40 throughout the solar rebate scheme but is currently sitting around the 36 37 mark.

To find what s available fill in the search with some information about yourself and where you are in australia. What size your system is. The stc price has been hovering between 35 and 40 for the last couple of years. Queensland the queensland government provides interest free loans and grants for solar systems and battery storage to eligible home owners and small businesses.

More information can be found through the link below.