ECO4 is a government initiative that focuses on improving the energy efficiency of low-income households and reducing carbon emissions. Solar panels play a crucial role in this program by providing clean and renewable energy to eligible households. Through the scheme, qualifying households can have solar panels installed on their rooftops for free, helping them save on energy bills and contribute to a greener environment.
You can get paid by generating surplus energy which can be used by others. For this you must know about Smart Export Guarantee (SEG) which support the small scale energy producers.
This is a special program that makes sure that people who generate renewable electricity at home get paid for the extra power they send back to the grid.
The SEG replaces an older program called the Feed-in Tariff. The amount you receive for exporting electricity depends on the energy supplier you choose, so it’s best to contact them directly for more information.