Australian Capital Territory (ACT) is leading the way in adopting renewable energy. The territory is committed to reaching 100% renewable energy by 2025, and businesses play a critical role in achieving this goal. The ACT government offers a range of solar energy incentives to encourage businesses to transition to solar energy.
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Australian Capital Territory solar rebates and incentives for business
Electricity Feed-in Tariffs
Feed-in tariffs for renewable energy cover the cost of any extra electricity produced by small-scale solar or wind photovoltaic (PV) systems.
To receive a feed-in tariff, a solar PV system must be:
- installed on a household or small businesses
- connected to the grid
What are STCs? How can I access them for my commercial system?
The Australian government’s Small-scale Renewable Energy Scheme (SRES) is a nationwide program that provides financial incentives for installing small-scale solar systems, including solar panels and solar water heaters. Under this scheme, businesses can claim Small-scale Technology Certificates (STCs) that can be traded to offset the upfront cost of installing solar PV systems. The number of STCs a business can claim depends on the size and efficiency of the solar system installed.
The small-scale Technology Certificates (STCs) as solar incentives for system sizes up to 100kW.
Solar demand among homes and small businesses has been greatly increased through Small-Scale Technology Certificates (STCs). STCs, readily accessible to everyone in Australia, are a valuable incentive. For solar panel installations up to 100kW, STCs are available.
STC allocations for a given system are a function of the estimated energy consumed over 1, 5, or usually) 8 years. For example, if your business installed a system that produces 100 MWh over 8 years, you will have 100 STCs allocated to the system.
Commercial systems and Large-Scale Generation Certificates (LGCs)
Read more about business grants, incentives and rebates:
Sustainable Business Program
The Sustainable Business Program aims to assist businesses in reducing their environmental impact while improving their bottom line. Here’s what you need to know:
- Eligibility: All ACT businesses can participate in the program.
- Registration: Businesses can register for the program free of charge.
- Support areas: The program covers four critical areas:
- Energy: Enhance energy efficiency, transition to cleaner energy sources, and reduce emissions.
- Transport: Encourage the adoption of electric vehicles (EVs) and other zero-emission alternatives.
- Waste: Implement effective waste management practices and become accredited.
- Water: Improve water efficiency through smart practices and upgrades.
How it works
Energy and rebates
- Onsite assessment: Once registered, your business can book a free onsite assessment conducted by technical experts. They’ll evaluate your energy usage and provide tailored recommendations.
- Independent advice: Receive independent advice on energy-saving measures, including transitioning from gas to electric appliances, installing solar panels including battery storage, and optimising lighting and cooling systems.
- Rebates: Small to medium-sized businesses can access up to $10,000 rebates for energy efficiency upgrades. Whether you’re upgrading heating, cooling, or refrigeration systems, these rebates can significantly offset costs.
Read more about battery storage and inverters:
Transport
- Electric fleet transition: The program encourages businesses to transition to electric vehicles (EVs) or zero-emission options. Technical experts provide assistance with the following:
- Business case development: Evaluate the feasibility of EV adoption.
- Total cost of ownership calculation: Understand the long-term benefits.
- Charging infrastructure: Learn about EV charging needs.
- Become a destination: Your business can attract environmentally conscious customers by installing EV charging infrastructure.
- A subsidy of up to $3,000 for installing charging infrastructure could help your company become a charging destination.
Waste management
- 10-Step waste guide: Implement a comprehensive waste management system.
- Waste summary: Assess your waste practices and identify areas for improvement.
- Accreditation: Once you’ve implemented the steps, your business becomes accredited. Display your certificate proudly and market your efforts.
Water Efficiency
- Technical guidance: Experts provide advice on water-saving strategies.
- Rain tanks and upgrades: Explore rainwater harvesting and efficient water products.
- Becoming accredited: Implement water-efficient practices and gain recognition.
Maximising your solar investment
While the ACT’s incentives offer valuable support, there are additional steps you can take to maximise your solar investment:
- Understanding your energy consumption: Analyse your business’s electricity usage before installing solar panels. This helps determine the optimal system size to meet your energy needs and maximise savings.
- Choosing the right solar panels: Different types of solar panels offer varying levels of efficiency and cost. When selecting panels, consider your budget, roof space limitations, and desired energy output.
- Considering battery storage: Adding solar battery storage to your system allows you to store excess solar energy generated during peak daylight hours and use it later when energy demand is higher. While batteries add to the initial cost, they can significantly increase your reliance on solar power and reduce reliance on the grid.
- Getting multiple commercial solar quotes: Obtain solar quotes from reputable solar installers to compare pricing and ensure you get the best value for your investment.
- Thinking long-term: Solar panels have a lifespan of 25-30 years, with minimal maintenance required. This translates into long-term energy savings and a significant return on investment.
- EV Charger Compatibility: If your business is considering installing electric vehicle (EV) charging stations, ensure your solar system can integrate with them for a sustainable transportation solution. Learn more about EV chargers here.
Additional considerations:
- Roof suitability: Ensure your roof has sufficient space and receives adequate sunlight throughout the day for optimal solar panel performance.
- Regulations and permits: Local regulations and permits may be required for solar installations. Consult with your chosen solar installer to navigate these processes.
- Maintenance: Regularly cleaning your solar panels ensures optimal efficiency. Your installer can advise on maintenance schedules and procedures.
Is solar energy suitable for your business?
Solar energy has numerous advantages that are worth investigating. Investing in solar will minimise your operational costs, reduce your company’s carbon footprint, and prepare it for the future. A commercial property with a solar installation is excellent for business.
Contact us today for up to 3 FREE solar quotes from commercial solar firms we’ve pre-qualified and vetted for their track record of delivering Australia’s best business solar systems.
