A new rebate for solar panels is now in effect.

The rebate can be worth up to $7,750 but it will vary over time and depending on location.

The federal government axed a previous, more generous solar rebate in June, and set up the new rebate as part of the Renewable Energy Target scheme, which passed parliament last month.

Climate Change Minister Penny Wong announced on Thursday that the rebate was up and running and would be backdated to June 9.

Unlike previous rebates, this one is available to businesses and community groups as well as homes.

It also covers small-scale wind and micro-hydro systems.

Source: http://news.theage.com.au/breaking-news-national/new-solar-rebate-takes-effect-20090910-fiup.html