There are upfront rebates and incentives available for most renewable energy installations, including solar panels and battery storage systems.
Off-Grid Energy consultants will help you to understand what incentives you’re equipment is eligible for, calculate and maximise how much you will receive and process all the required paperwork.
Contact us today on 1300 334 839 or email email@example.com
From late October 2018, the SA Gov will provide 40,000 South Australian homes with subsidies up to $6,000 each for installing battery storage on their homes.
Low interest finance will also be available from the Clean Energy Finance Corporation (CEFC) if customers would like to add solar to their battery installation.
For more information, please CLICK HERE
Small-scale Technology Certificates (STC’s – previously known as REC’s) are available and will help to offset the upfront cost of any renewable energy component in your system. These certificates are essentially carbon-offset shares, meaning that the more renewable energy that is installed, the more carbon is offset, and the more STCs it is eligible for and the larger your rebate will be.
A single STC equates to roughly 1 megawatt hour (MWh) of carbon intensive electricity that has been displaced over the life of your system.
This can typically equate to an upfront discount of between $1000 – $13,000 depending on the size of the solar array that is installed as part of your standalone system.
You can be paid your STCs in two ways. Assign your STCs to a registered agent such as Off-Grid Energy Australia, in exchange for an upfront discount when you purchase your solar PV system. (Most customers use this option). Or you can create the STCs yourself by finding a buyer and selling them in the Renewable Energy Certificate (REC) Registry.
No, Off-Grid Energy will deduct the STC value from your invoice at point of sale.
Due to the fluctuation of STC values, the final STC price may vary from the indicative value provided at contract acceptance to the actual STC value on installation day.
Each year, the ‘deeming period’ (the amount of electricity generated over the course of its lifetime) will decline each year until 2030 when the scheme ends.
Which is why you might see solar companies advertising the ‘decreasing rebate’ at the end of each year.
To be eligible for STCs, the installation must:
PV system expansions can be eligible for STCs in certain circumstances. Although you may need to replace a number of the components of your system to be eligible.
Each STC Zone attracts a different number of STCs for the amount of kWh’s produced. Zone 1 attracts the highest amount, and Zone 4 the lowest.
The solar feed in tariff is the amount of money (cents) you receive from your electricity retailer, for the electricity that you export back into the mains grid (kWh).
The feed in tariff (FIT) is a state-government-based scheme, but your electricity retailer may include an additional amount on top of the standard FIT as an incentive to sign up with them.
There are different expiry dates for different FITs (depending on when and where you have solar installed). Any alterations to your solar system in future, will remove your current feed in tariff and place you on the current tariff.
*Tariff map correct at time of writing (April 2018).
Off-Grid Energy Australia’s Referral Program begins June 1st 2018. Please see our Referrals page, or contact Off-Grid Energy for more details.
This Scheme is available to all building owners and tenants including businesses, residents, schools, community and sporting organisations within the City of Adelaide for installations completed from July 1, 2015.
Subject to funding availability, the Sustainable City Incentives Scheme will provide up to:
$5,000 for installing solar PV
$5,000 for installing energy storage
$500 per electric vehicle charging controller
$5,000 for apartment building energy efficiency upgrades
$1,000 for changing quartz halogen downlights to LED downlights
$120 for installing an energy monitoring system
$1,000 for solar hot water system
$500 for rain water tanks or $3,000 for communal use water tanks
For more information visit the Sustainable City Website http://www.adelaidecitycouncil.com/your-council/funding/sustainable-city-incentives-scheme/
Through the ‘Solar Homes Package’, the Victorian Government will provide a rebate of up to 50% on the cost of a solar PV system (max of $2,225). Alternatively, Victorian residents can choose a $1,000 rebate for replacing hot water systems with solar hot water.
Residents can not claim both rebates.
Rebates are available from 19 August 2018.
For more information visit the Solar Victoria website: https://www.solar.vic.gov.au/
The Victorian Government has also pledged (if re-elected) to provide 50% rebates on battery storage installations (capped at $4,838 in first year). This cap will reduce to $3,714 by 2026, and the rebate will only be available to residents in solar “growth areas”.
More info here: https://www.premier.vic.gov.au/cheaper-electricity-with-solar-batteries-for-10000-homes/
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