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Residential customers are entitled to two types of support for their solar PV systems under the Renewable Energy Target (RET):

1. Solar Credits provided by the Federal Government
2. State feed-in tariff

Renewable Energy Rebate

When you install a solar system, as the owner of the system you generate renewable energy certificates called Small Technology Certificates (STC). Each STC equates to 1 Megawatt hours (1000 kWh) of energy your system can produce in the period to 2030 up to a maximum of 15 years. Solar System retailers apply for these STCs on behalf of the consumers and provide you discounts upfront, thereby reducing your initial investment cost substantially.

Feed-In-Tariff

State governments pay customers for the excess/unused solar electricity exported to the grid. The feed-in tariff depends on:

Electricity retailer
State of residence