Understanding Government Solar Rebates and Incentives in NSW: Save with Sydney Solar and Electrical
If you’ve been considering installing solar panels for your home or business in New South Wales (NSW), you’re in luck. The Australian government offers various rebates and incentives designed to make solar power more affordable for homeowners and businesses alike. At Sydney Solar and Electrical, we’re committed to helping you navigate these programs, ensuring you take full advantage of the financial benefits available to you. In this blog, we’ll break down the key government rebates and incentives in NSW and how they can help you save money on your solar system.
1. Small-scale Renewable Energy Scheme (SRES)
One of the main incentives available for NSW residents is the Small-scale Renewable Energy Scheme (SRES), which offers a rebate for the installation of solar panels and solar hot water systems. Under this scheme, eligible households and businesses can receive Small-Scale Technology Certificates (STCs) that can be traded for a cash rebate or discount at the time of installation.
How It Works:
The number of STCs you can claim depends on factors such as the size of your system, the location of your property, and the expected electricity generation of your panels.
For instance, a 5kW system in NSW may be eligible for a rebate worth around $3,000 (depending on current STC prices).
This rebate is applied directly to the cost of your solar system, reducing the upfront installation costs significantly.
At Sydney Solar and Electrical, we help you calculate the number of STCs you’re eligible for, ensuring you get the maximum rebate possible.
2. NSW Solar Battery Rebate
To encourage energy independence and make solar power more reliable, the NSW Government also offers rebates for installing solar battery systems. If you already have solar panels or are planning to install them, you may qualify for a rebate to help reduce the cost of adding a solar battery for storage.
Key Details:
The current rebate offers up to $3,000 off the cost of purchasing and installing a solar battery, depending on your circumstances.
The battery must be installed alongside an existing solar panel system.
This program is aimed at helping homeowners reduce reliance on the grid and store excess solar power for later use, especially during peak electricity periods.
If you're interested in solar battery storage, Sydney Solar and Electrical can guide you through the process, helping you apply for the rebate and select the right system for your home or business.