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.

Government solar panel scheme 2019.

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. After you have applied read about accessing your loan or grant repaying your loan and battery safety inspections. If it goes ahead this would pay households for excess renewable electricity they generate to the grid. If you already have solar panels this won t affect you you ll still get your payments.

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. Eligible households can claim a discount on the cost of a solar panel pv system up to a maximum rebate of 1 850. Read about the 3 packages that were offered as part of the interest free loans for solar and storage program. Across the state record numbers of households are installing small scale solar photovoltaic pv systems.

What does the government say. 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. Provided you had your solar panels installed before the fit scheme ended on 31 march 2019 you ll still be guaranteed those payments at the rate you signed up to at the time for between 20 and 25 years depending on when you signed up. Nsw is experiencing a solar power boom.

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. 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.