Farmers, businesses to save on solar installations under renewable energy scheme expansion
The federal government is set to announce changes to the Small-scale Renewable Energy scheme in a bid to help businesses install solar systems and close the gap with residential take-up.
Source excerpt
The cost of installing solar at schools, supermarkets, factories and farm buildings will be slashed by about 20 per cent under the expansion of a federal government scheme.
Speech excerpts seen by the ABC show Climate Change and Energy Minister Chris Bowen will announce the expansion of the Small-scale Renewable Energy Scheme (SRES) from 100 kilowatts to one megawatt during an address at the National Press Club.
The government estimates retailers could save almost $70,000 installing a 250kW solar system and a large retail complex or logistics warehouse could save more than $230,000 on a 850kW system.
The move comes after households and businesses took up batteries in droves after the introduction of the Cheaper Home Batteries Program in 2025, which allowed a subsidy worth about 30 per cent of the up-front cost of a system to be claimed.
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