From 1 October 2026, the Australian Government expanded the Small-scale Renewable Energy Scheme (SRES), increasing the maximum eligible solar system size from 100kW to 1,000kW (1MW). Previously, businesses installing solar systems larger than 100kW were unable to access upfront financial benefits under the SRES. The changes mean larger commercial, industrial and agricultural businesses may now qualify for incentives that were previously unavailable.
The initiative is designed to make larger solar installations more affordable, encouraging businesses to generate more of their own electricity and reduce their reliance on the grid.
How much could your business save?
Eligible businesses could benefit from approximately 15% off upfront solar installation costs through the expanded scheme.
The government has provided the following estimated savings:
250kW solar system: Approximately $68,000 off installation costs.
500kW solar system: Approximately $136,000 off installation costs.
The actual incentive will depend on factors including system size, location, eligibility and certificate values.
Consider solar in the current electricity market
Australia's wholesale electricity market continues to experience periods of volatility, with recent price increases highlighting the challenges businesses face when planning for future energy costs.
Unexpected outages at Eraring Power Station have contributed to upward pressure on wholesale electricity prices. Looking ahead, growing electricity demand from data centres is also expected to place additional pressure on the grid.
Solar offers businesses a practical way to take greater control of their energy costs and reduce their exposure to a changing electricity market.
Find out how much solar could save your business
With government incentives now available to larger businesses and ongoing changes in the electricity market, now is a good time to consider solar for your business.
Contact our Solar team to assess your potential solar savings.
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