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Solar Rebate Calculator 2018

Solar Rebate Calculator 2018

Get a reduction in the upfront price of installing a solar power system

For those that choose to go solar and install a system in 2018 or the near future, there is a federal government subsidy available valued at roughly $630 per kW of fixed solar panels. The rebate translates to a discount of around $3,150 on an average 5kW solar power system at the point of sale, note that most of the solar power system packages advertised on the web already have the rebate applied to the advertised price.

You can find out what size solar rebate you are eligible for with the STC Calculator published on the SolarQuotes website.

How long will the solar rebate remain in place? Currently, the rebate is legislated to be reduced by one-fifteenth every year starting in Jan 2017 until 2032 when it is reduced to zero.

Below are some calculations made using the Rebate Calculator. There are 4 zones within Australia that determine the rate at which the rebate is calculated; zone 1 is the highest through to the lowest zone 4. For a more accurate calculation visit the solar rebate calculator and enter your own information.

Australian solar rebate zone map

Solar rebate zone 1, systems installed in 2018

System Size in kWMax Solar Rebate
2kw 42 STCs x $40 = $1,680
3kw 63 STCs x $40 = $2,520
5kw 105 STCs x $40 = $4,200
7kw 147 STCs x $40 = $5,880
10kw 210 STCs x $40 = $8,400
15kw 316 STCs x $40 = $12,640

Solar rebate zone 2, systems installed in 2018

System Size in kWMax Solar Rebate
2kw 39 STCs x $40 = $1,560
3kw 59 STCs x $40 = $2,360
5kw 99 STCs x $40 = $3,960
7kw 139 STCs x $40 = $5,560
10kw 199 STCs x $40 = $7,960
15kw 299 STCs x $40 = $11,960

Solar rebate zone 3, systems installed in 2018

System Size in kWMax Solar Rebate
2kw 35 STCs x $40 = $1,400
3kw 53 STCs x $40 = $2,120
5kw 89 STCs x $40 = $3,560
7kw 125 STCs x $40 = $5,000
10kw 179 STCs x $40 = $7,160
15kw 269 STCs x $40 = $10,760

Solar rebate zone 4, systems installed in 2018

System Size in kWMax Solar Rebate
2kw 30 STCs x $40 = $1,200
3kw 46 STCs x $40 = $1,840
5kw 77 STCs x $40 = $3,080
7kw 107 STCs x $40 = $4,280
10kw 154 STCs x $40 = $6,160
15kw 231 STCs x $40 = $9,240