Solar Panel Rebate Wa 2018

The table below shows the price of a 6 6kw solar system with the rebate.

Solar panel rebate wa 2018.

If you re considering going solar the federal investment tax credit itc is one of the most important incentives to understand. 6500 3 x 665. Solar systems that were installed under the previous incentive program will continue to receive incentive payments through 6 30 2020 as long as they were registered with the wsu energy program by april 30 2018. An average sized residential solar system about 400 square feet of solar panels costs 18 000 according to the solar energy industries association an industry group.

Federal tax credit for solar panels. If you don t pay enough to recover it all in one year it carries over into the next year and there s no cap on the amount that you can claim. To find what s available fill in the search with some information about yourself and where you are in australia. You can add more information about the topic you re interested in like solar pv or energy efficiency and what type of support like grants rebates or apps.

Energy minister ben wyatt labor party has motioned that he is in support of cutting the current solar government rebate. 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. So your rebate equation is. The rebate comes in the form of small scale technology certificates the number you receive depends on the size of the solar system you select.

The solar panel rebate in western australia can reduce the cost of a 6 6kw system by as much as 3 700. This translates into a rebate of roughly 585 per kw installed. You could also see if there s additional support available during covid 19 from the australian government or the state. The higher the stc price the more rebate you get.

Learn more about the federal solar tax credit including the timeline for the eventual end of the itc in 2022. But situations can arise where the value is pushed down. The tax break reduces. After the rebate you will pay only 4505 for your new solar power plant.

The current rebate subsidises 54 of the price when purchasing a solar system for a home or property. In other words 40 is the highest value it is allowed to go to by law. The government rebate as of january 2018 is about 665 per kw. At the moment the value of the solar rebate is around 39 per stc.