Solar Systems Nsw Rebates

Seriously what s the point of having solar panels and surely you are suppose to get better rebates then this.

Solar systems nsw rebates.

A 6 1kw solar system will you get a rebate worth 3 535 and a 10kw solar power system gives you a rebate of 5 775. The nsw government s goal is to have net zero emissions by 2050 and switching to solar can help achieve this target. Solar renewable energy certificates srecs legislation in some states requires utilities to generate a certain percentage of their electricity from solar power. When you buy solar panels in new south wales nsw you receive the australian government solar rebate which can reduce the cost of your solar system by nearly a third unlike victoria there is currently no state based rebate in addition to the federal rebate there has been discussion about a solar rebate for low income households but it is not yet in operation.

This rebate provides eligible households with a 200 rebate per year to help with the cost of living. Generally speaking a small system less than 3kw will set you back up to 4 000 whereas a larger system can cost over 8 000. For solar systems this was 15 years the life of the solar panels themselves is considerably more than that however as the rebate is being phased out in 2030 each year the number of stcs generated reduces. It costs between 3 100 and 8 760 for a standard solar power system in new south wales depending on the size of the system.

The bigger the solar power system the bigger the rebate. State and territory governments across australia have adopted different approaches to what is normally referred to as a solar feed in tariff sometimes known as a solar bonus scheme or solar buy back scheme. Independent retirees who hold a valid commonwealth seniors health card can apply for the seniors energy rebate. There are currently great federal government incentives rebates available on all of our solar systems.

This means a 5kw solar system will give you a rebate of 2 870. Across the state record numbers of households are installing small scale solar photovoltaic pv systems. State solar feed in tariffs. Hi we are currently with actewagl in nsw and they only offer us 0 055kwh on our solar panels.

In nsw all new grid connected solar systems have net metering where the solar power that is generated is fed into the home to help reduce your reliance on the grid. Rebates can help to further reduce your system costs by 10 to 20 percent. The rebate is for independent self funded retirees only. Solar feed in tariffs are a payment for the clean energy that your solar panels feed back into the grid.

Rebates are generally available for a limited time and end once a certain amount of solar has been installed. Think it might be time to change our electricity provider. In nsw the rebates for solar panels is set to start in the 2019 2020 financial year. Nsw is experiencing a solar power boom.