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What is the Solar Rebate?
In Western Australia, the solar rebate program is designed to encourage homeowners to switch to solar energy. The program offers financial incentives to eligible households that install solar panels on their rooftops. The rebate amount varies depending on the size of the solar system and the location of the property. In this article, we will explain how the rebate works in Western Australia and how you can take advantage of this program to save money on your energy bills.
How the Solar rebate works in Western Australia.
In Western Australia, there are different solar rebates and incentives available to support homeowners and businesses in installing solar power systems. One of the key incentives is the Renewable Energy Target (RET) scheme, which provides Small-scale Technology Certificates (STCs) for eligible solar installations.
Here's how the solar rebate process typically works in Western Australia:
1. Eligibility: To be eligible for solar rebates, the solar power system must meet certain requirements, such as using approved solar panels and inverters and being installed by a Clean Energy Council accredited installer.
2. STC Calculation: The number of STCs a solar power system is eligible for depends on factors like the system size, location, and installation date. These STCs have a monetary value that can be claimed or traded.
3. Rebate Value: The rebate value can vary based on market conditions and government policies. Customers can often claim the rebate upfront as a point-of-sale discount or assign it to an installer or retailer for a lower system price.
4. Factoring Rebate into Quotes: Solar installers in Western Australia typically factor the potential rebate into the solar quotes they provide to customers. This means that the quoted price for the solar power system already considers the value of the rebate that the customer is entitled to receive.
By factoring the rebate into the initial quote, customers can have a clearer understanding of the overall cost savings and benefits of installing a solar power system. It helps make the process more transparent and allows customers to make more informed decisions about investing in solar energy.