Federal Incentives

Small-scale Renewable Energy Scheme

The Small-scale Renewable Energy Scheme creates a financial incentive for individuals and small business owners to install eligible small-scale renewable energy systems, including solar panels.*

It does this through the creation of small-scale technology certificates (STCs) based on each system’s expected power generation from the year of installation until 2030 when the scheme ends.

The scheme rewards the individual or small business owner for the renewable energy they’re producing, which reduces their requirement for electricity generated from non-renewable sources.

When you purchase a system from Tesla, you have the option to assign your STCs to Tesla in return for a discount on your system price.**

State Incentives

Home Battery Storage & Solar

Several states and local utility providers offer additional home battery storage & solar incentives for customers, often taking the form of a subsidy. Most subsidies can either be claimed after purchase or reflected as a reduction in the price of your purchase for battery storage and/or solar systems.

All of the above incentives apply to eligible residential customers. Incentive programs are offered and administered by government agencies. Eligibility and availability vary and are outside of Tesla’s control. Most programs are limited to a total dollar amount that can be dispersed or will expire on a certain date. Be sure to visit the state program’s website for the most up-to-date information on availability and redemption requirements.

* An STC is a financial incentive, not a rebate, and consumers will not qualify for any government-based financial recompense at the completion of the STC creation process.

** Renewable Energy Target liable entities have a legal obligation to buy and surrender to the Clean Energy Regulator. STCs are provided 'up front' for the systems'. Householders who purchase these systems are able to create and sell their STCs in the market or to the STC Clearing House, or to assign the right to create their STCs to an agent in return for a lower purchase price for their system. The level of this benefit differs across the country depending on the level of solar energy.