Solar Systems Nsw Rebates

This means a 5kw solar system will give you a rebate of 2 870.

Solar systems nsw rebates.

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. State solar feed in tariffs. 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. Independent retirees who hold a valid commonwealth seniors health card can apply for the seniors energy rebate.

In nsw the rebates for solar panels is set to start in the 2019 2020 financial year. We just received our latest bill of 389 50 and was given 13 48cr. Across the state record numbers of households are installing small scale solar photovoltaic pv systems. 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.

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. 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. Think it might be time to change our electricity provider. Solar renewable energy certificates srecs legislation in some states requires utilities to generate a certain percentage of their electricity from solar power.

Solar feed in tariffs are a payment for the clean energy that your solar panels feed back into the grid. Hi we are currently with actewagl in nsw and they only offer us 0 055kwh on our solar panels. This rebate provides eligible households with a 200 rebate per year to help with the cost of living. Nsw is experiencing a solar power boom.

Rebates are generally available for a limited time and end once a certain amount of solar has been installed. 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. The nsw government s goal is to have net zero emissions by 2050 and switching to solar can help achieve this target. How much do solar panels cost in nsw.

The rebate is for independent self funded retirees only. Rebates can help to further reduce your system costs by 10 to 20 percent. 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. There are currently great federal government incentives rebates available on all of our solar systems.