The Queensland solar rebate program is a government initiative designed to facilitate the adoption of solar energy among Australians by subsidizing a significant portion of the installation costs.
As of now, the solar rebate is still available in Queensland, with an average rebate of $2,873 for a 6.6kW system through Small-scale Technology Certificates (STCs).
The exact rebate amount is determined based on the size of the solar system, the number of STCs obtained, and the prevailing trading price of STCs.
Availability of the solar rebate in QLD:
The Queensland solar rebate remains accessible in 2023, but it requires installation by a Clean Energy Council (CEC) approved installer to qualify for the rebate.
The rebate is applied as a discount on the system’s price at the point of sale, meaning that advertised solar system prices already include the rebate.
How to claim the rebate:
The process of claiming the solar rebate is simple, as the installer, not the customer, handles the rebate application. Customers need to select the desired system size and find solar installers who can assist them. The advertised system price reflects the rebate already applied, and the installer claims the rebate after installing the system.
Calculation of the solar rebate in QLD:
The rebate amount you receive depends on various factors, such as your location zone, system size, and installation date.
To calculate your solar rebate in QLD, you need the following information:
- Postcode: Queensland is divided into solar radiation zones 1, 2, and 3, with higher radiation ratings yielding greater rebates. Find your zone using the provided map or search by postcode.
- Required system size: Calculate your daily power usage in kilowatts by dividing your monthly usage by 30.
- Current STC price: As of 2023, the trading price for one Small-scale Technology Certificate is $39.90, but it is recommended to check for updates before making calculations.
As an example, a person in Brisbane, QLD installing a typical 6.6kW solar system would receive approximately 72 STCs. With the current STC market value of $39.90, the rebate would amount to $2,873. This rebate is deducted directly from the sale price when purchasing from a solar installer.
Overview of STCs in QLD:
STC stands for Small-scale Technology Certificate. The price of these certificates fluctuates based on the open market and is closely tied to carbon prices. As of now, the price is approximately $39.90 per certificate but can vary between $35 and $40.
The number of STCs received per 1kW of installed solar capacity depends on factors such as the price and quantity of STCs, as well as the system’s size. Solar rebates provided in QLD are determined by the number and price of STCs, regulated by the Clean Energy Regulator.
Eligibility for the solar rebate:
Most residential homeowners and small businesses in Queensland are eligible for the federal Australian Government solar rebate, subject to specific requirements:
- System size should be smaller than 100kWh.
- Installation should involve a fully functioning solar unit without any upgrades or reinstallation.
- The solar power system must be installed by accredited solar installers recommended by the Clean Energy Council.
- New solar customers can apply for the rebate once.
Conclusion:
The Queensland solar rebate program is set to conclude in 2030, aligning with the nationwide phase-out. As the rebate gradually decreases each year, the relative cost of solar systems is expected to remain consistent due to decreasing panel prices and improved efficiency.
The cost of solar systems in QLD varies depending on the system size, applicable incentives, and chosen installer. On average, solar PV systems in QLD cost around $7,013, excluding battery systems, which typically add $12,500 to the overall price.
Additional programs and incentives in Queensland include interest-free solar loans, solar battery rebates, solar for renters, the Energy Concession Program, and solar feed-in tariffs. These initiatives aim to encourage solar adoption and make it more affordable for different groups.
When considering solar feed-in tariffs, it is important to research the rates offered by various electricity retailers, as they may vary depending on the location within Queensland.
