With healthy rebates still available, 2019 is great time to Go Solar!

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A generous rebate in the form of Small Technology Certificates is available to all Australian homeowners who install solar and is worth around $650 per Kw of panels you install. So, for example, if you install 7kW worth of panels on your roof, you’ll receive around $3,700 towards the cost of your system.

With Australian power prices now amongst the highest in the world, solar is the best tool available to reduce your bills and generate clean, green and free energy on your roof.

  • How much is the solar rebate worth today?

    • The current Small Technology Certificate (STC) rate is $36, which accumulates to $2,812 - $3,700 of rebates for a 5kW-6.6kW Solar PV System. Depending on the size of the Solar PV System the rebate will vary. Each year the STC rate is lowered meaning the rebate you receive could be reduced and eventually eliminated. Get in whilst rebate rates are high!
    • The rebates available for different system sizes in South Australia are listed below.

      System size Number of panels (approx.) Value of rebate (STCs)
      1.5 kW 5 $814
      2 kW 7 $1,100
      3 kW 10 $1,665
      4 kW 13 $2,220
      5 kW 16 $2,812
      6 kW 20 $3,367
      6.6 kW 23 $3,700
      7 kW 23 $3,922
  • How does the solar rebate work?

    • Under the Australian Government’s Small-Scale Renewable Energy Scheme (SRES), homeowners are entitled to a given number of STCs dependent on the system size, where the system is installed and which year the system is installed.
    • The scheme can be claimed on multiple properties. The rebate is claimed by the installer of your system and passed on as a point of sale discount.
    • STCs are a traded like shares and their worth fluctuates depending on the amount of installations occurring that year. More installs than expected and the worth depreciates. STCs are currently valued at around $36 but have been as low as $17, so now is definitely a good time to install.
  • How is the value of the solar rebate calculated?

    • The amount of STC’s you receive are affected by two main variables - Location & System Size.
    • Location - The Federal Government splits all of Australia’s postcodes into 4 categories: Zone 1, Zone 2, Zone 3 and Zone 4. If you reside in Zone 1, you’ll receive a greater rebate than someone that lives in Zone 2, who will receive a bigger rebate than someone in Zone 3 and so on. Zones are determined by the number of sunlight hours you receive in the location you are having your Solar PV System installed.

      STC Zone
    • System Size - The other variable in determining the value of your rebate and amount of STC’s received, is the Solar PV System’s size. The larger the Solar PV System, the more power it will generate and the more STC’s and rebate amount you will be entitled to.
  • Will the solar rebate drop?

    • The number of STCs you’ll receive drops each year. The STC worth can rise and fall depending on demand in the market also.
    • The STC value is currently very high but at risk of dropping depending on market demand and Government policies. Now is the time to go solar!
  • Home Battery Scheme   

    • South Australian households now have access to a State Government subsidy, as well as loans, to pay for the installation of a home battery system. The addition of a battery allows for a Solar PV system to store excess energy, maximising the savings of the Solar PV system.
    • The subsidy varies depending on the size of the battery but is capped at a maximum of $6,000.
    • The subsidy is available to all South Australian homeowners, with Energy Concession Holders able to access a higher subsidy.
    • While the subsidy applies to battery only, households are able to apply for finance made available through the Commonwealth Government’s Clean Energy Finance Corporation to purchase new or additional solar panels as well as the battery system.

Getting solar on your roof is a relatively straight forward process so don’t miss out on the benefits.

At Solar Market, we help you through the process and can organise quotes from 3 Clean Energy Council accredited installers who service your area.

Don’t miss out on the benefits any longer, Go Solar in 2019!

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Read through the independent and unbiased information on the site and then fill in the Get a quote form, 3 independent installers who service your area will then call and offer to provide you with quotations.

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Understanding Batteries

For some households a battery system can be of great benefit and minimise a home’s reliance on the grid. However, it’s important to understand for a battery to be useful your solar system needs to be generating excess energy for the battery to store, which you can then use at night or when the sun is not out.

When selecting a battery, you’ll want to invest in a system that is most suited to your home and can drive the best return on investment.

Battery systems costs can greatly vary based on the following factors:

  1. Cycle Life-Time

    The number of times a battery can fully charge and discharge.

  2. Battery Power (kW)

    The number of times a battery can fully charge and discharge.

  3. Storage Capacity (kWh)

    How fast it can be charged or discharged.

  4. Battery Management System (BMS)

    An electronic ‘smart’ system that gathers data and manages the battery ensuring it does not overload or operate outside of its safe functioning zone.

  5. Inverter

    Battery systems require their own inverter if your solar system does not have a hybrid inverter.

  6. Warranty

    A system which includes the battery, BMS and an inverter all in one unit.

  7. Blackout Protection/Backup

    It’s important to note this is not a common feature of a battery system and could cost thousands of dollars to include. Blackout protection not only requires additional components but also a specialised installation and rewiring. For grid-connected homes, the cost for blackout protection can outweigh the benefit.

Additionally, if your purpose for adding battery is to go Off-Grid and become completely independent from the grid you will need to ensure your solar system can generate enough energy to power your home and your battery system is large enough to store this energy. For homes in metro areas going Off-grid is not cost effective and is only recommended for those in remote areas with limited access to the grid. Off-grid solar systems with battery start at approximately $30,000.