While the subsidy seems safe for now, what most people arent aware of is that the dollar value of this solar rebate can be significantly reduced at any time if demand for solar systems suddenly increases.
But those in regional areas of WA, on the Horizon Power network, can get between.14c/kWh and 51c/kWh, depending on their location and system size.
We can reduce rebs payments to kay instant rewards the daytime price and add a NWC payment (Notional Wholesale Capacity) for battery owners which could work out around 600/yr for a 5kva/10kwh VPP enabled system.
The scheme is divided into two parts, one targeting large-scale implementation of renewable energy, and the other small-scale increase in renewable energy.Small-scale Renewable Energy Scheme (sres) may also be available.Any advertised prices you see almost certainly have the rebate already applied.3) You use solar panels and inverters that are approved for use in Australia by the Clean Energy Council.And finally, if youd like to get 3 free"s for solar and lock in the current rebate, you can do so here.It is essentially selling your excess electricity back to the grid, and your electricity retailer pays this tariff to you if eligible.6) The STC price is a bit like a share price it fluctuates on the open market depending on supply and demand.The government says that this should not be called a solar rebate.STCs are created for solar systems at the time of their installation, depending on the amount of electricity the system is expected to produce.Oh, bugger it I give in!7) You can see the current market price of a STC here.5) You (or more likely your installer) sell the STCs to the filthy fossil fuel generators and use the cash to offset the upfront cost of the solar system purchase.These renewable energy systems are referred to as Small Generation Units (SGUs).The second part, known as Small-scale Renewable Energy Scheme (sres is one which is most relevant to most household owners and small businesses in Perth.A few years ago, when the government really looked like it was going to scrap the solar rebate entirely, demand for system installations caused the price of STCs to drop.50.
Program name: Renewable Energy Buyback Scheme, overview, feed-in tariffs under the Western Australian Renewable Energy Buyback Scheme pay for excess electricity generated by small-scale solar photovoltaic (PV) or wind power systems.
That scheme, which marginally reduces the total up-front cost of installing solar, is being wound back already, and is completely separate to the state mandated rates that solar households are paid for the energy they export to the grid.
As Wills told One Step, as the state gets to rooftop solar penetration of 40-50 per cent in the early 2020s its currently round the 30 per cent mark significant deployment of battery storage will be needed.