The government offers solar incentive programs in SA so you can save money on solar installation and get your investment back at a faster rate. Among the major programs are the Small-scale Technology Certificates and Solar Feed-in Tariff.
Small-scale Technology Certificates areincentives used for your solar power system’s upfront cost. Basically, people who purchase solar panels will receive some certificates that they can sell for cash. The number of certificates is dependent on the expected output of your system during its service life.
The number of STCs you’ll receive is based on your zone. Here’s a picture of the zones in Australia for your reference.
During the day, if your panels are producing energy and no one’s home uses it, the extra power will go to the shared energy network. This is called the feed-in tariff. It costs about 10 to 21 cents for every kilowatt-hour provided.
The Feed-in Tariffs
Solar installers in Adelaide can help customers become eligible for this government incentive. Households and establishments with solar PV systems are eligible for the feed-in tariffs. If they consume less than 160 megawatts of electricity in one year, they will receive solar feed-in payments.
To be eligible, your solar PV must:
- Meet related Australian safety standards. At Deionno Electrical, it is our job to ensure that you will meet these requirements.
- Be connected to the electricity grid. You’ll need an import or export meter, which will be installed by SA Power Networks.
- Have a max output of 10 kVA for homes (single-phase electricity) or 30 kVA (homes that feature three-phase electricity). Our team will provide you with your system’s output levels
In case you’re changing providers, it’s important to let them know that you have a solar PV system installed.
More About the Home Battery Scheme Subsidy
The government wants to ensure that every solar battery is something that South Australians can afford. This was initially announced in October 2018. According to this scheme, the 40,000 SA households can acquire a subsidy to cover the upfront costs of the battery installation.
Solar batteries are expensive in Australia, however, wIth this incentive, you can save money on the upfront costs. Individuals who own small, modular batteries can get a bill relief of about $2000.
With a solar battery, you can greatly decrease your electricity bill. However, there will be significant upfront costs, so you need to think about it carefully. Normally, it will take you 10 years to recover the investment you made for the battery. However, the South Australian government opened the Home Battery Scheme to assist a large number of households with the cost. In the end, it is still a reasonable option.
Generally, households will get $500 per kWh of battery storage. On the other hand, energy concession homes will get $600 per kWh and can be up to $6,000 per battery.
Call our expert team at Deionno Electrical to learn more about the solarincentives!
