Solar Power Rebate
There’s never been a better time to install a solar power electricity system, with so many rebates and incentives available. The new Solar Credits rebate is not means tested and is open to anyone who wants to install a solar power electricity system on their home, rental property, business or local community building. SolarSwitch offers this rebate as a generous point of sale discount of over $6000 on a 1.5kW system and more on larger solar panel systems.
Most states and territories also have solar electricity buy back schemes known as a feed in tariff. This is where some (net) or all (gross) of the electricity generated by the solar panels is fed into the gird and bought back by your energy retailer at a higher rate than what you pay for electricity. Here is a table of what a 1.5kW system could save you in various states of Australia.
| State |
Tariff |
Type of Tariff |
Estimated Savings p/yr
(based on 1.5kW system) |
| NSW |
60c/kWh |
Gross |
$1500 |
| QLD |
up tp 50c/kWh |
Net |
$700 - $800* |
| ACT |
50.5c/kWh |
Gross |
$1100 |
| VIC |
60c/kWh |
Net |
$800 - $900* |
* based on
50% (approx 3kWh) of the electricity generated being fed into the grid, and an average retail rate of 16 cents
To find out how to make the most of these rebates with a solar power system contact us now!
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