Australia’s Contribution In Caring For The Environment Is Through The Solar Panel Rebate
A solar power rebates is a crucial step by an administration that wants to subsidize the expense of putting panels on your roof. This makes it more affordable for homes, corporate and community groups. The rebate means that installing solar power is more a practical and viable investment. There are various rebates around the globe and they differ in every country. However, many countries now basically have a feed in tariff which subsidizes the cost of installing solar power.
There is a solar rebate in Australia, which consists of Solar Credits, which are an element of the Renewable Energy Target (RET) scheme that was initiated by the Australian government as a way to boost the production of renewable energy. The Solar Rebate gives financial support to households, businesses and community groups that put up small-scale solar systems, wind and hydro electricity systems.
Solar Credits are provided in the way of Renewable Energy Certificates, or ‘RECs’, for people who have installed a new solar system from 9 June 2009. Solar Credits are given for the first 1.5 kilowatts (kW) of capacity of the system installed. The level of support provided by Solar Credits depends on the price of RECs (which may vary over time) and the location and size of the system.
The current solar panel rebate scheme means that installing solar power is substantially a more viable investment and a commitment from the government to aid reduce the quantity of coal fired electricity in the grid. Complementing the rebate, in Australia there are feed in tariffs which subsidize electricity returned into the grid by solar power systems.
For more information on the Australian government solar rebate in New South Wales or assistance with applying for it just go to http://inspiresolar.com.au
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