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Solar Government Rebates Up To $3,458 Are Available!
The Australian Federal Government provides substantial rebates when you choose to install a solar PV system at your property. The rebate amount is based on the size of the system purchased and is deducted from the upfront cost of the solar system by your chosen solar provider.
In 2021 you can expect up to a $3,458 reduction for a 6.6kW system, a common size for Australian homes.
The current Small Technology Certificate (STC) rate is $36, which accumulates to $2,812 - $3,351 of rebates for a 5kW-6.6kW Solar PV System. Depending on the size of the Solar PV System the rebate will vary. Each year the STC rate is lowered meaning the rebate you receive could be reduced and eventually eliminated. Get in whilst rebate rates are high!
The rebates available for different system sizes in New South Wales are listed below.
System size
Number of panels (approx.)
Value of rebate (STCs)
1.5 kW
5
$814
2 kW
7
$1,036
3 kW
10
$1,517
4 kW
13
$2,035
5 kW
16
$2,553
6 kW
20
$3,071
6.6 kW
23
$3,351
7 kW
23
$3,589
Under the Australian Government’s Small-Scale Renewable Energy Scheme (SRES), homeowners are entitled to a given number of STCs dependent on the system size, where the system is installed and which year the system is installed.
The scheme can be claimed on multiple properties. The rebate is claimed by the installer of your system and passed on as a point of sale discount.
STCs are a traded like shares and their worth fluctuates depending on the amount of installations occurring that year. More installs than expected and the worth depreciates. STCs are currently valued at around $36 but have been as low as $17, so now is definitely a good time to install.
The amount of STC’s you receive are affected by two main variables - Location & System Size.
Location - The Federal Government splits all of Australia’s postcodes into 4 categories: Zone 1, Zone 2, Zone 3 and Zone 4. If you reside in Zone 1, you’ll receive a greater rebate than someone that lives in Zone 2, who will receive a bigger rebate than someone in Zone 3 and so on. Zones are determined by the number of sunlight hours you receive in the location you are having your Solar PV System installed.System Size - The other variable in determining the value of your rebate and amount of STC’s received, is the Solar PV System’s size. The larger the Solar PV System, the more power it will generate and the more STC’s and rebate amount you will be entitled to.
The number of STCs you’ll receive drops each year. The STC worth can rise and fall depending on demand in the market also.
The STC value is currently very high but at risk of dropping depending on market demand and Government policies. Now is the time to go solar!
Getting solar on your roof is a relatively straightforward process so don’t miss out on the benefits.
At Solar Market, we help you through the process by organising quotes from 3 Clean Energy Council accredited installers who service your area.
Is solar worth the investment? You bet it is!
Generous rebates still available
Generous rebates still available The Australian Government pays up to $3,458 towards the value of your system via Small Technology Certificates (STC’s). Some States receive additional rebates which can contribute even more!
Reduce future power price rises
Reduce future power price rises By installing solar, you’ll reduce your reliance on the grid and the price rises that will come.
Get paid to export to the grid
Get paid to export to the grid Your retailer will pay you for the excess power you don’t use.
Great returns on investment
Great returns on investment Solar is one of the best investments you can make, not only will it lower your electricity bills and increase property value but it can pay for itself within 3-5 years.
Solar has never been cheaper
Solar has never been cheaper Solar system prices have never been cheaper and start from around $3,000!
System warranties last 25 years
System warranties last 25 years Systems are now extremely durable – most panels have warranties of 25 years and inverters 10 years.
Get 3 Quotes Now!
Compare the benefits of different size solar systems
3kW
4kW
5kW
6kW
6.6kW
7kW
Number of panels (approx) 16
Potential savings per year
$1,367
Government rebate (approx)
$2,812
Average yearly production
7,117 kWh
Payback period (approx) 2 - 5 years
Number of panels (approx) 19
Potential savings per year
$1,657
Government rebate (approx)
$3,367
Average yearly production
8,541 kWh
Payback period (approx) 2 - 5 years
Number of panels (approx) 21
Potential savings per year
$1,904
Government rebate (approx)
$3,700
Average yearly production
9,490 kWh
Payback period (approx) 2 - 5 years
Number of panels (approx) 23
Potential savings per year
$1,947
Government rebate (approx)
$3,922
Average yearly production
9,964 kWh
Payback period (approx) 2 - 5 years
Number of panels (approx) 10
Potential savings per year
$801
Government rebate (approx)
$1,665
Average yearly production
4,270 kWh
Payback period (approx) 2 - 5 years
Number of panels (approx) 13
Potential savings per year
$1,077
Government rebate (approx)
$2,220
Average yearly production
5,694 kWh
Payback period (approx) 2 - 5 years
These calculations assume:
Current default data is for New South Wales ,
50% exported to the grid,
37c per kWh for electricity purchased from the grid,
You are in the capital city for your state - data will change slightly away from the capital,
STC price of $36.
This information does not constitute financial advice and is only intended as a guide. Please refer to the information provided by the companies quoting for information specific to your personal circumstances and location.
Our Process
Fill in a quick online form with some simple questions about your property and energy needs
Receive 3 Obligation Free Quotes from solar companies with CEC accredited installers
Compare Quotes and choose the most suitable installer for your needs
Let us do the hard-work and connect you to local CEC Accredited Solar Providers. Receive obligation free solar quotes so that you can compare your options and be provided with information on systems, rebates, government incentives and finance available to you.
By filling in our quick and easy online form, quotes will be tailored to your energy consumption and property requirements.
Get started now!
Customer Testimonials
Received Quotes Tailored Quotes Suited To My Circumstances
I was able to get some good quotes and actually discuss the system I needed for my circumstances. I was informed on the quality of the parts used as well as the warranties provided. Tradesman were prompt and very professional.
Henry
Website Provided The Information I Needed
The information on the Solar Market’s website was great and assisted me in understanding what I needed for my home and what rebates I could claim. I received 3 Quotes within a few days from solar companies near my residence. Cheers for the quick service!
Colin
Prompt Service and Home Visit From Providers
As a home owner looking to upgrade to solar we received prompt and excellent service from Solar Market. We received calls from 3 solar energy companies that arranged home visits with obligation free quotes. Within a week we had all the information and quotes we needed to enable us to make an informed decision. Thank you, Solar Market, for making the process comfortable and easy.
Desiree
Took The Stress Out Of Searching For Solar Companies
Solar Market were so helpful with giving me 3 different quotes to compare. It removed the stress out of going solo and chasing companies to get quotes from. I would highly recommend the team at solar market.
Julie
Competitive Quotes
Very prompt response to my enquiry providing several competitive quotes. Also made me aware of what questions I needed to ask when speaking to solar installers. Now I have what I need to make a decision on what installer and system to choose.
Yusef
Helped Me Understand the Process
I wasn’t sure how to go about adding a solar system. I was pleased after getting quotes and talking with contractors that I could understand what could be done and how much it’d cost. The contractors weren’t pushy and were very helpful.
Neil
Get 3 Quotes Now!
Need Help With Your Solar Power Research?
Download Your FREE Ultimate Guide to Solar Power in Australia - 2021 Edition
If you’re considering solar for your property or just looking to maximise the savings for your solar system, download a FREE copy of our "Ultimate Guide to Solar Power in Australia - 2021 Edition".
Become an expert and better understand the ins and outs of solar power and solar PV systems for your property.
Includes detailed explanations and diagrams of the various types of solar systems and their parts, solar battery storage systems, Government incentives, expected ROI periods, finance, energy-saving tips and more!
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