Solar Power Incentives For Canberra

ACT residents benefit from some of the best solar power incentives in Australia. These rebates can significantly reduce your energy costs and contribute to a more sustainable future for your business or home.

ACT residents can take advantage of the federal Small-scale Renewable Energy Scheme. This program provides STCs (Small-scale Technology Certificates) after installing a solar panel or solar hot water system. These can be traded for a discount on the system price.

1. Renewable Energy Target

The ACT Government is committed to being powered by 100% renewable energy. Most of this will come from large wind and solar farms located outside the ACT, with a smaller fraction coming from rooftop solar panels within the ACT. This electricity is then fed into the national grid. When a house’s renewable generation exceeds their electricity usage, the excess is sent back into the grid to help other households.

The renewable energy generated by a rooftop solar panel system depends on a variety of factors, including the type of solar panel and how it is installed. For example, thin-film solar panels are the lightest and add minimal weight to the roof after installation. However, they are less efficient than mono- or polycrystalline solar panels.

The ACT has a number of programs to encourage households and businesses to install solar panels and other sustainable upgrades. These include the ACT’s Sustainable House Scheme, which offers interest-free loans and a point of sale discount to assist with the up front cost of purchasing and installing energy efficiency products.

2. Feed-in Tariff

Currently, residents of the ACT can get incentives between 7c-12c/kWh from their energy provider for any excess electricity that they export back to the grid. These incentives are known as ‘feed-in tariffs’.

Solar panels convert sunlight into direct current (DC) electricity, which an inverter then transforms into alternating current (AC) electricity for use in your home. Any excess electricity produced is exported to the main energy grid, where it earns you credits.

These credit rates vary between energy retailers, influencing your choice of solar system and plan. Other factors such as customer service, billing convenience, renewable energy commitment, technology, and contract term also play a role in your selection of an energy provider.

Additionally, significant up-front discounts are available through the federal Small-scale Renewable Energy Scheme (SRES). These STCs can be traded for a discount on your solar energy system purchase price. The ACT Government also offers up-front rebates and incentives for battery storage, as well as solar hot water systems and insulation.

3. Solar Investment Tax Credit

Embracing solar power in Canberra is more than just about saving money on electricity bills. It is a commitment to reducing carbon emissions and building a more sustainable city. By educating yourself on the intricacies of solar panel installations, costs and available rebates, you can help make a difference.

Uptake of renewable energy has been slow in the ACT, but it is finally picking up momentum. This could have to do with comparatively low grid electricity prices, but there is another factor at play: the Next-Generation Energy Storage Program.

This incentive provides homeowners with an upfront discount for their home battery systems. The discount is in the form of Small-Scale Technology Certificates (STCs), which are created after your solar system installation and can be traded in for an upfront discount. In addition, a number of rebates and incentives are also available to ACT residents, including the Sustainable Household Scheme, which offers interest-free loans to reduce the cost of installing rooftop solar.

4. Clean Energy Target

The ACT has a number of opportunities for large-scale solar power production. From Gungahlin to areas south-east towards Queanbeyan, there are plenty of open, flat lands that are suitable for renewable energy generation.

The Gungahlin Power Park is one of these. Its size, paired with its access to the transmission network, makes it an ideal location for large-scale solar installations.

As a result of its strong solar industry presence, the ACT has a good chance of making a significant contribution to Australia’s energy transition. Its low grid electricity prices also make it a good place for households and businesses to invest in renewables.

Many Canberra residents are already taking advantage of the favourable grid electricity prices and installing small-scale renewable energy systems. As more Canberrans embrace solar power, it can help position the city as a leader in sustainable energy practices. This will lead to greater financial security for its residents and a better future for the planet.



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