The Difference between Solar Rebate and Solar feed in Tariff

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The Difference between Solar Rebate and Solar feed in Tariff

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Read out the given post to know what is the difference between solar rebate & solar feed in tariff and what will worth the investment. – PowerPoint PPT presentation

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Title: The Difference between Solar Rebate and Solar feed in Tariff


1
The Difference between Solar Rebate and Solar
feed in Tariff
2
  • When seeking information on whether to install
    solar panels, many people mistakenly believe that
    the solar rebate and solar feed in tariff are the
    same thing, and therefore assume that the
    investment is not worth it.
  • The reality is that these are two separate
    elements that we recommend our customers consider
    when making the decision to install solar panels.

3
  • SOLAR REBATE
  • Installing a solar system in the Camden,
    Campbelltown, Picton and Wollondilly areas (or
    anywhere in Australia) is subsidised by a Federal
    Government Administered scheme known as
    Small-scale Technology Certificates (or STCs).
    The rebate is usually applied as a point of sale
    discount to reduce the out of pocket upfront cost
    to home or business owners.

4
  • The criteria for claiming the rebate
  • Solar system size is less than 100kW
  • Designed and installed by a Clean Energy
    Council accredited electrician
  • Solar panels and inverters are approved by the
    Clean Energy Council
  • Not replacing existing panels in an existing
    system

5
  • The rebate can be claimed as many times as the
    home or business owner would like and is not
    means-tested in any way.
  • This rebate reduces January 1st every year until
    2031 when it will reach zero.

6
  • SOLAR FEED IN TARIFF
  • When your residential or
  • commercial solar system generates more power
    than you are consuming at any time, the excess
    power is sent back to the grid for other people
    to use. The rate in which your excess power is
    purchased back from you is referred to as the
    solar feed in tariff.

7
  • Feed in tariffs were initially very high to
    encourage the take up of solar systems for homes
    and businesses, however these tariffs have
    reduced significantly over the past few years. It
    is because of this reduction of feed in tariffs
    that many people assume that solar is no longer
    worth the investment.

8
  • The important thing to remember is that although
    the solar feed in tariffs have reduced over the
    past five years, the solar rebate is still
    available and remains very generous to homes and
    business alike.
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