Government Solar Panel Scheme 2019

The nsw government s goal is to have net zero emissions by 2050 and switching to solar can help achieve this target.

Government solar panel scheme 2019.

9 jan 2019 just six weeks before the current solar panel feed in tariff payment scheme closes plans have been unveiled for a new solar power payment scheme. The previous feed in tariffs fit scheme closed to new entrants from 31 march 2019 following consultations in 2015 and 2018 to reduce the costs to consumers as the price of installing solar. Eligible households can claim a discount on the cost of a solar panel pv system up to a maximum rebate of 1 850. After you have applied read about accessing your loan or grant repaying your loan and battery safety inspections.

Households and small businesses across australia that install a small scale renewable energy system solar wind or hydro or eligible hot water system may be able to receive a benefit under the small scale renewable energy scheme sres to help with the purchase cost. A 2019 study from the solar trade association found that over 800 000 uk homes now have solar panels and that number looks set to keep on rising. With this scheme a company would offer to provide the free solar panels take care of solar panel installation and maintenance for free and in return receive the feed in tariff fit payments. In december 2018 the government confirmed its intention to end solar panel incentive payments on 31 march 2019 meaning people who have solar panels installed after this won t receive payments for generating electricity or exporting it to the grid.

Although the feed in tariff came to an end in april 2019 the smart export guarantee launched in january 2020 so it pays to switch to solar right now. If you already have solar panels this won t affect you you ll still get your payments. If it goes ahead this would pay households for excess renewable electricity they generate to the grid. Instead a scheme called solar buyback has become another possibility where companies offer homeowners a lump sum upfront and in return collect the fit payments the homeowner would have received.

Nsw is experiencing a solar power boom. What does the government say.