Solar & Batteries: Rebates, Subsidies & Incentives in 2024

Below is a comprehensive overview of the available rebates and incentives in 2024 across different Australian states. For more detailed information on each state, click on the respective links to explore our in-depth articles.

1. New South Wales (NSW)

NSW provides a robust set of incentives to encourage the adoption of solar and battery systems.

  • National Solar Subsidy: Approximately $2,300 off a 6.6kW system in Sydney, already factored into advertised prices. Explore the solar rebate.
  • Feed-in Tariff: Receive payments for surplus electricity exported to the grid. Learn more about NSW’s feed-in tariff.
  • Batteries: From 1st November 2024, a new battery subsidy is available, reducing the cost of solar batteries and offering payments for joining a Virtual Power Plant (VPP). Learn more about NSW’s battery rebate.

2. Queensland (QLD)

Queensland, aptly named the sunshine state, offers several incentives to promote solar and battery installations.

  • National Solar Subsidy: Save approximately $2,300 off a 6.6kW system installed in Brisbane. This rebate is typically included in the advertised system prices. Learn more about the solar rebate.
  • Feed-in Tariff: Earn payments for surplus energy exported to the mains grid, accelerating your system’s payback period. Discover Queensland’s feed-in tariff.

3. Victoria (VIC)

Victoria offers an extensive range of rebates and incentives, making it one of the most supportive states for solar energy adoption.

  • National Solar Subsidy: Approximately $1,950 off a 6.6kW system in Melbourne, included in advertised prices. Solar rebate details.
  • Victorian Solar Panel Rebate: Up to $1,400 towards purchasing a solar power system, alongside the national rebate. Interest-free loans available. Learn more.
  • Solar Battery Loans: Interest-free loans up to $8,800 for solar batteries. More information.
  • Feed-in Tariff: Payments for surplus energy exported to the grid. Victoria’s feed-in tariff.

4. Western Australia (WA)

Western Australia provides essential incentives to support solar and EV adoption.

  • National Solar Subsidy: Around $2,300 off a 6.6kW system, included in system prices. Solar rebate details.
  • Feed-in Tariff: Payments for surplus energy exported to the grid. Western Australia’s feed-in tariff.

5. South Australia (SA)

South Australia is a leader in solar energy adoption, supported by generous incentives.

  • National Solar Subsidy: Approximately $2,300 off a 6.6kW system, included in system prices. Solar rebate details.
  • Feed-in Tariff: Payments for surplus energy exported to the grid. South Australia’s feed-in tariff.
  • Local Council Incentives: Adelaide City and North Adelaide subsidize up to 20% of solar system costs and EV chargers. For further information, refer to our South Australia Solar Rebates and Incentives guide.

6. Australian Capital Territory (ACT)

Canberra residents benefit from a variety of incentives aimed at enhancing energy efficiency and renewable energy adoption.

  • National Solar Subsidy: Around $2,270 off a 6.6kW system, included in system prices. Solar rebate details.
  • Home Energy Support: Eligible households can receive up to 50% rebate (capped at $2,500) on rooftop solar systems, plus interest-free loans. More information.
  • Sustainable Household Scheme: Zero-interest loans for energy-efficient upgrades, including solar panels and batteries. Find out more.
  • Feed-in Tariff: Get paid for surplus solar energy exported to the grid. ACT’s feed-in tariff.

7. Tasmania (TAS)

Tasmania’s incentives, while not as extensive as some other states, still provide significant support for solar investments.

  • National Solar Subsidy: Around $1,950 off a 6.6kW system, included in system prices. Solar rebate details.
  • Feed-in Tariff: Payments for surplus electricity exported to the grid. Tasmania’s feed-in tariff.
  • Energy Saver Loan Scheme: 0% interest loans ranging from $500 to $10,000 for energy-efficient upgrades. Explore more in our Tasmania Solar Rebates and Incentives article.

8. Northern Territory (NT)

The Northern Territory offers unique incentives to promote solar and battery installations.

  • National Solar Subsidy: Approximately $2,500 off a 6.6kW system in Darwin, the highest in Australia. Solar rebate details.
  • Home and Business Battery Scheme: Grants up to $5,000 for eligible battery systems. Learn more.
  • Feed-in Tariff: Payments for surplus electricity exported to the grid. Northern Territory’s feed-in tariff.

*Comparison Rates based on $30,000 green loan repaid over 60 months. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

© Copyright 2024 Solaris Finance – ABN 97 602 722 805. All Rights Reserved.

© Copyright 2024 Solaris Finance

ABN 97 602 722 805. All Rights Reserved.