Get Your Government Grants for Solar Energy

There has never been a better time for an Australian household to switch to solar energy. In an effort to promote renewable energy and reduce greenhouse gas emissions the Government has devised a system of grants and rebates to help you save money on your bills by making your home more cost effective and at the same time environmentally friendly.

Rebates and grants of $500 to $8000 are available according to your particular situation. These are primarily for solar heated hot water systems. To find out if you qualify then contact your local authority or the Australian Government website through the link below.

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What on Earth are Renewable Energy Certificates (RECs)?

When you buy a solar system in Australia you can apply for 2 upfront subsidies from the government:

(note: this all changes on July 1, 2009: read about the rebate changes here)

1. The $8000 rebate (for the 1st kW) assuming your household income is under $100k

2.Renewable Energy Certificates (RECs)- works out at $600-$1200 per kW (the price changes over time)

The concept of the rebate is easy to understand – it is simply a handout from Mr Rudd to encourage solar power (can’t argue with that!).

The concept of RECs can be a bugger to get your head around. So here is my attempt at an explanation:

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