Please note: this information was current as of April 2009 but is still a useful guide to today's market.
With climate change in mind, more Australians are installing power- and water-saving equipment. As this can mean significant upfront costs, governments are offering a range of rebates. Use our guide to ensure that 'going green' doesn’t cost the earth.
Federal Government rebates
- When buying a new solar hot-water system, you can also sell the RECs created to a SHW retailer or REC trader, netting you a rebate of between $100 and $2000 (the amount varies with the REC market price). See www.orer.gov.au/swh.
- After installing solar photovoltaic (PV) panels, recoup your costs via the Photovoltaic Rebate Programme (PVRP) and by selling RECs. The RECs depends on location and the panels’ kilowatt (kW) power output annually. See www.orer.gov.au for details.
- The PVRP refunds up to $8000 for installing PV panels, with government approval pre-installation. See www.environment.gov.au. The household taxable income must be less than $100,000 and the system must be installed at your principal place of residence. Only those who have not previously received the rebate are eligible.
- The PVRP refunds up to $5000 for an extension to the old system of PV panels, with government approval pre-installation. See www.environment.gov.au. The household taxable income must be less than $100,000 and the system must be installed at your principal place of residence. If you have previously received a rebate for systems less than 1kW you may be eligible for an extension rebate to bring the system up to a 1kW capacity.
- The Federal Government is providing rebates of up to $500 for households to install rainwater tanks or greywater systems. This rebate will be funded over six years from 2008/09 to 2013/14. See www.environment.gov.au.
- For owner/occupiers in remote areas, rebates of up to 50 per cent of the capital cost of renewable generation and essential enabling equipment are being offered. The upper limit of the rebate is $200,000, the applicant must be the owner of the land on which the residence is located and the system must primarily supply the primary residence. See www.environment.gov.au.