Government Incentives and tariffs
There are two main types of government incentives offered that reduce the cost of solar power to the consumer.
Renewable Energy certificates
Renewable Energy Certificates can be created upon installation of a solar power system, and owners receive money for the sale of these certificates to reduce their capital outlay.
Solar Credits Program
The Solar Credits program is the main incentive offered to subsidize the cost of solar power in Australia.
Feed-in-Tariffs were largely responsible for the huge uptake in solar power in recent times.
In the 2012-13 tax year, small businesses in Australia will be able to write off expenditure on assets up to the amount of $6500.