There are three main types of solar incentives available to you if you are in Ballarat. The first is a Feed-In Tariff in Ballarat, the second is the STC Incentive and the third is the Solar Victoria rebate if you are an eligible applicant. So, what are they?
Feed In Tariffs Explained
Ballarat has plenty of sunshine, so most homes won’t use all of the energy produced. So, residents can get credited by their electricity retailer for the excess solar energy that they feed back into the grid.
STC Incentive Explained
Small Scale Technology Certificates (STCs) are assigned to all Solar and Wind systems under 100kW of generating capacity. The number of certificates awarded to each system differs around the country, with 5 zones mapped out based on the differing amount of sunlight across Australia. So, a system installed in Ballarat will receive slightly different certificates than that of its counterpart in Melbourne.
Solar Victoria Rebates Explained
The Victorian Government’s Solar Homes Program will provide eligible Victorian households with a rebate of up to 50% of the purchase cost (up to the capped amount) to install solar PV panels on investment properties, owner occupied properties, businesses and solar batteries. These rebates are only offered to eligible customers and are released on a month-to-month basis.