Government Solar Panel Rebate 2017

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.

Government solar panel rebate 2017. The company you receive your electricity bill from for each unit of electricity your pv solar system exports to the grid. A brief summary on the various solar rebates programs is below. The roadmap is designed to be rolled out in safe steady and sustainable steps. Eligible households can claim a discount on the cost of a solar panel pv system up to a maximum rebate of 1 850.

A solar power feed in tariff is a payment you receive from your electricity retailer i e. To find what s available fill in the search with some information about yourself and where you are in australia. The victorian government has announced victoria s roadmap for reopening. State government solar rebates and incentives.

To further reduce installation costs householders can apply for an interest free loan for an amount equivalent to their rebate amount. Solar panel pv rebate. The solar homes program is providing rebates and interest free loans to eligible victorians to reduce the upfront cost of installing solar panels. Please don t hesitate in contacting the energy matters team for expert advice on rebates that may be applicable to you.

We are providing a rebate of up to 1 850 for solar panel pv system installation for homeowners and rental properties. From 1 july 2019 you can apply for a rebate of up to 2 225 for getting a solar panel system for your home. The solar panel rebate that we are not allowed to call a rebate reducing the upfront cost of solar power systems in australia if you buy a solar system today july 2020 it is subsidised by a federal government scheme worth about 585 per kw installed based on a 39 stc price i explain this later. Both homeowners and businesses qualify for a federal tax credit equal to 26 percent of the cost of their solar panel system minus any cash rebates.

You could also see if there s additional support available during covid 19 from the australian government or the state. The federal government provides a solar tax credit known as the investment tax credit itc that allow homeowners and businesses to deduct a portion of their solar costs from their taxes. Solar panel rebate information home solar power. The solar rebate which currently reduces the cost of rooftop solar in australia will be phased out with the first reduction starting in less than 8 months on the 1st of january 2017.

The rebate will reduce by one fifteenth of its current amount on the first day of each new year until 2030 and will end on the 31 st of december that year.