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The Conclusive Guide to Solar Rebates in 2023

Learn about the solar rebates in 2022 for Australia. Review the many rebates for solar panels available, how solar rebates work, and if they are worth getting.
Fact Checked

Updated: 13 May 2024

We have all the information you need right here in this guide. You can learn everything from what government solar rebates in Australia is, how they work, and whether or not they’re worth it. Always remember to review the rebates your government is offering before applying.

Key facts

What are solar rebates?

A solar rebate is a government incentive that helps home and business owners pay for their solar system. With the help of a federal government scheme, solar power is now affordable for all. If you buy an installation in 2022, it will be subsidised at around $2,950. This deal can save your money and lower monthly bills, with this new technology changing everything about how we generate clean energy. While there is no confirmed danger of the solar panel rebate being scrapped entirely, for now, current legislation means it will reduce by one-fifteenth every year from January 2017 until 2031.

What about feed-in tariffs?

With Feed-in Tariffs, you can get paid for any unused electricity your solar power system sends back to the grid. You’ll usually receive a set rate per kilowatt-hour, and it’s included as a credit on your bill; however, these terms vary depending upon which plan(s) are chosen, so make sure they’re aware of their current rates compared with future ones before signing up.

Solar panel rebate programs and feed-in tariffs in Australia

NSW solar rebates and feed-in tariffs
The Independent Regulator of Power and Ramifications has set the benchmark rate for 2021/22 at 4.6 – 5 cents per kWh for feed-in tariff rates. The new rates will be different depending on your location in NSW. Rebate programs in NSW include the low-income solar scheme. The NSW government is trialling a scheme to provide eligible households with free systems of up to 3kWh. These homes can expect savings of around $6,000 per year.
Victoria rebates on solar
The Department of Energy and Resources provides 3,333 Victoria solar rebates to homeowners. With the growing number of people who want to control what they own, there is an increased demand for landlords with 160+ units. Rebates for households rewards homeowners and rental properties who install solar panels for up to $1,400. They are also offering an interest-free loan. The $1,400 solar rebate is a huge incentive for rental property owners to install panels on their houses. This program has made it possible and easy so that you can rent out your home without having to worry about costly electricity bills.
NT government solar power rebates
Three types of government rebates are available for Darwin solar power systems, including feed-in tariffs and small scale technology certificates. In addition, there’s an initiative that gives out home battery schemes. The government rebate for solar power in the Northern Territories is around $3,000. This can be an attractive option if you want to lower your electric bill and save on fuel costs. Feed-in tariffs are two main options for solar systems. Gross fit includes feeding all the energy you produce back into the grid, which is paid for with a certain price per kilowatt hour (kWh) net with allows homeowners to only send extra electricity their way if they have enough installed capacity.
ACT rebate for solar panels
Only 3000 homes can receive solar rebates in ACT. Canberra residents can affordably install solar power with the Solar for Low Income Program. This rebate will pay or heavily reduce the price of installation works. The battery rebate is a great offer for those looking to save money on their electric bill. It can be as much as $3,500 ( excluding GST) or 50% off your new batteries. With the hot water rebate or Business Energy and Water Program, you can get up to $5k in rebates for more efficient products.
SA government rebate on solar panels
When you install solar panels, the Clean Energy Council has a variety of incentives to help make it easy for you. The solar panel government rebates in SA include cash rebates and reduced rates on energy storage systems. You can also receive a rebate on battery storage through South Australia’s Home Battery Scheme. You’ll get up to $300 per kWh for installing your power in terms of batteries, and there are no limits. If you plan on installing solar panels, it’s important to research the feed-in tariffs in your area. The average price for electricity from a South Australian retailer is 9 – 16c per kWh. Still, there are higher rates available if possible which could save money over time so check out markets with these kinds of deals first.
Western Australia rebate programs for solar
The solar rebate offers homes in Perth and Western Australia up to 10% for purchasing a system. Households can use this discount, not only on electricity bills but also gas emissions! Those who live there should make sure they know about these subsidies before installing any kind go energy-efficient measures like photovoltaic (PV) panels or even simply using more efficient lights throughout your home. Western Australia offers a solar power rebate valued at $814 for 2020, equivalent to 22 STCs on a 1.5kW system and 30 STC concerning 2 kW models! The estimates are based on the current price tag of 37 cents per unit.

Are solar rebates worth it?

If you are installing a solar panel system to your home or business and want to save money on the expensive costs, then yes, solar government rebates are worth it. Depending on which solar rebate incentives or programmes your government offers, you will most probably be able to pay off your solar panel system costs in as little as five years. In addition, if you join in with the feed-in tariffs, you can get paid for the excess energy your produce. All in all, if you apply and receive one of the many solar rebates on offer, you will get money back.

Frequently Asked Questions and Answers

Have you ever considered installing solar panels on your home? If so, then there’s a good chance that getting generous rebates in return for mail-in forms has crossed your mind. Solar rebate programs work just like any other kind. After purchasing new Photovoltaic systems from companies such as SunPower and First Solar, homeowners can receive up to 20% off their investment by filling out an online form. If you are eligible for one of the government solar rebate programmes, you can apply and receive the benefits.

While you can apply for as many solar rebates as you like, you are generally only allowed to receive one solar rebate. For example, you may be a homeowner and of low income. You can therefore apply for the low-income solar incentive and receive money back or lower your upfront costs. If you also have a solar battery, you can apply for the solar battery rebate incentive. However, if you have already been accepted for the low-income rebate, you will not be able to get the battery rebate.

Your home solar power system must meet certain criteria to be eligible for the Solar Credits scheme. First of all, it needs to be an actual small scale installation from one of three categories: wind turbines, hydro reservoirs or Photovoltaic (PV) cells and modules mounted on rooftops. It needs to be a complete solar panel system. This rule applies to all government solar rebates. To find out if you are eligible for specific rebates, you can head over to your government’s website and onto their solar and energy incentive page.

Effective immediately, the Australian government has announced that they will be phasing out solar rebates. This means that as time goes on, there is less money available for those who install systems in their homes or businesses–and it gets even worse every year. The solar rebate scheme is being phased out and will end in 2030. As a result, the amount of money available for households to spend on electricity per year decreases each year after 2020 when it reaches zero.

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Megan has extensive experience writing about health and life insurance in Australia. Megan has a special interest in health and wellness. She relies on her background in counselling psychology to convey the latest findings in a manner that is most beneficial to ComparingExperts readers. In every article she writes, Megan aims to uphold the standards of the Private Health Insurance Intermediaries Association (PHIAA) which ComparingExpert is part of.

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