Solar Rebate QLD 2024: Everything You Need to Know

 

To guide Queensland residents on going solar, here’s an in-depth overview of the solar rebates and incentives available in Queensland (QLD), especially for those in Brisbane. With Isolux Solar now operating in Queensland, homeowners have more options for installing high-quality solar systems to leverage the state’s rebates and incentives effectively. Let’s understand Solar Rebate QLD and how to claim it.

Timeline for Queensland Solar Electricity Rebate 2024

The Queensland Solar Electricity Rebate 2024 is available from July 1, 2021, to June 30, 2024. During this period, eligible homeowners who install a solar panel system can qualify for a solar panel rebate of up to $3,500.

Solar Rebates are Available in QLD?

Currently, three solar incentives are available in Queensland:
1. The Small-Scale Renewable Energy Scheme
2. Queensland Battery Booster program
3. Solar feed-in tariffs

1. Small-scale Renewable Energy Scheme (SRES)

One of the primary incentives for solar installations in Queensland is the Australian Government’s Small-scale Renewable Energy Scheme (SRES), which applies to systems under 100kW. Homeowners who install solar systems can benefit by selling Small-scale Technology Certificates (STCs) for each megawatt-hour of estimated solar energy the system produces over its lifespan. STCs effectively act as a discount at the point of sale, reducing the upfront cost of the system. The value of STCs, however, reduces annually and will conclude by 2030, so the sooner homeowners act, the larger their savings will be.

2. Queensland Battery Booster Program

Queensland introduced a solar battery rebate for those opting to install battery storage along with their solar system. The rebate is aimed at helping residents reduce grid reliance and utilize stored solar energy at night or during peak hours. Eligible homeowners can receive rebates of up to $4,000, depending on their income level. For example, households with a combined income of less than $180,000 per year may qualify for a standard rebate of $3,000, while lower-income households (earning under $66,667) are eligible for $4,000. This initiative is designed to support the adoption of renewable energy and promote long-term savings on energy bills.

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