Government Rebates Solar Panels Nsw

This solar power rebate can mean significant reductions in the cost of your solar system and have been designed to encourage australia s use of renewable energy.

Government rebates solar panels nsw.

Across the state record numbers of households are installing small scale solar photovoltaic pv systems. To find what s available fill in the search with some information about yourself and where you are in australia. A 2 5kw solar system for households that agree to not receive the low income household rebate. Two types of customers are eligible.

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. 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. Solar choice september 2019 solar price index. You could also see if there s additional support available during covid 19 from the australian government or the state.

Solar for low income households trial for selected areas of nsw. Solar photovoltaic pv systems or solar panels are a way of capturing sunlight and converting it into electricity. The nsw government offers a number of rebates to help you reduce your energy bills. The nsw government s goal is to have net zero emissions by 2050 and switching to solar can help achieve this target.

Federal government incentives are available to qualifying residential and commercial premises in australia that install solar panels and other renewable energy systems. Retail on supply if you re eligible you can apply for a combination of the rebates shown below. If you live in nsw you can access a range of government offers including energy rebates the tv and fridge replacement program lighting discounts and more. 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.

They reduce the amount of electricity you need from the grid which lowers your energy costs. The average sydney household can save up to 900 a year by installing a 4 kilowatt solar system on their roof.