Solar Rebate in WA: Perth Government Solar Panel Rebates
G'day, fellow WA residents! Are you looking to harness the power of the sun and reduce your reliance on traditional energy sources? Well, you're in luck because the WA government is here to support your transition to renewable energy with its solar panel rebate scheme. Let's dive in and explore how you can benefit from this initiative and make your home more sustainable.
Key Takeaways:
- The WA government offers rebates for solar panels to encourage the use of renewable energy in homes.
- The subsidy amount varies depending on the size of your solar energy system.
- Rebates are acquired through trading Small Technology Certificates (STCs).
- Consult with an accredited solar installer to calculate your solar rebate accurately.
- While the future of solar rebates is uncertain, solar panels have become more affordable, and feed-in tariffs offer additional benefits.
How to Calculate Your Solar Rebate
In order to calculate your solar rebate, you need to determine the size of your solar energy system. The rebate amount is based on the system's capacity to offset carbon emissions and is calculated using the following formula:
Array Combined Watts (Standard Test Conditions) x 1.382 x the current STC multiplier of 7 years / 1000
For example, let's say you have a 6.6 kW solar system. According to the formula, this system would have a maximum of 64 STCs, which can be multiplied by the current market value of $38 to determine the subsidy amount.
So, the calculation would be:
Solar System Size | Maximum Number of STCs | Subsidy by System Size |
---|---|---|
6.6 kW | 64 STCs | $2,426 |
13.2 kW | 128 STCs | $4,852 |
The subsidy increases with larger system sizes, with a 13.2 kW system being eligible for up to $4,852. Keep in mind that these numbers are based on the current market value of STCs.
To accurately calculate your solar rebate based on your system size, it is highly recommended to consult with an accredited solar installer. They will have the knowledge and expertise to provide you with an accurate estimation of your rebate.
The Future of Solar Rebates in WA
The future of solar rebates in Western Australia (WA) is currently uncertain, with ongoing discussions about reducing or even eliminating upfront subsidies. WA Energy Minister, Ben Wyatt, has indicated his support for a reduction or eventual scrapping of these rebates. In fact, the government has suggested that the subsidy scheme may come to an end by 2021.
However, it's important to note that the cost of solar panels has significantly decreased in recent years, making solar power more affordable for homeowners in WA, even without rebates. Furthermore, there is still an opportunity to benefit from feed-in tariffs, a program that allows homeowners to receive credits for excess electricity they export to the grid.
The WA government has set ambitious renewable energy targets, aiming for 100% renewable energy use in homes and businesses by 2030. While achieving this goal may present challenges, the government's commitment to renewable energy is clear. Ultimately, the future of solar rebates in WA will be influenced by government policies and the progress made towards these renewable energy targets.
Empowering Your Property: Perth Solar Power Installations
Perth Solar Power Installations is your premier choice for clean and efficient solar solutions in Perth, Western Australia. Specializing in top-quality solar PV systems, inverters, and batteries, we offer seamless installation and maintenance services at cost savings.
Our comprehensive approach includes assessing optimal panel positioning and ensuring safety during installation. From various solar system sizes to roof ventilation and pool heating options, we cater to diverse energy needs. Make the switch to sustainable and cost-effective energy with us.
Contact our head office today for customized quotes and join the growing community benefiting from renewable energy in Perth's mild climate.