Make the switch: rebates and incentives available to Australian households

Correct as of 25 July 2022

Whether you are taking the first step towards renewable energy, or further reducing your reliance on the grid, state and federal governments have a range of rebates and incentives to support you to make the switch.

At Nectr, we are committed to supporting consumers to accelerate their renewable energy uptake, so we have compiled a list of relevant ones, so you don’t have to.

Battery systems

New South Wales and Australia Capital Territory

South Australia

Up until recently, South Australians were eligible for the following two types of rebates. Unfortunately, the subsidies have now been allocated. At this point, households may still be eligible for the national SRES scheme.

Queensland

Unfortunately, at this time, the Queensland government does not have an active state-specific battery rebate and interest-free loan scheme for batteries and solar PV. The most recent program ended on the 30th of June 2019.

However, eligible Queenslanders can still receive solar incentives worth on average $2,772 for a standard 5kW solar system installed under the national SRES scheme. It is applied as a discount at the point of sale to reduce the cost of going solar. Additionally, Queensland solar incentives currently available include Small-scale Technology Certificates (STCs) and Feed-in Tariffs (FiTs).

Here is a helpful overview from the Queensland Government which explains more.

New solar customers

Available to all Australians, the Small-scale Renewable Energy Scheme (SRES) is a financial incentive to install solar panels. Recipients receive a small-scale technology certificate calculated on the amount of renewable electricity the system they are installing produces or replaces (i.e., electricity from non-renewable sources). Here’s a summary of the eligibility requirements.

These small-scale technology certificates (STC) can be sold to recoup a portion of the cost of purchase and installation. Many owners assign the right to create their small-scale technology certificates to a registered agent but there is also the option to create and trade the certificates yourself. Here’s a calculator to estimate the number of STCs that could be created.

Further state-based incentives are also available to low- to middle-income households and concession card holders in New South Wales and the Australian Capital Territory:

Find out more about Nectr’s Solar and Solar Battery plans so you can reduce your household’s electricity bills and carbon footprint: www.nectr.com.au.