Rebates Vic – Renewable Quotes

Rebates Victoria

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The State of Victoria in Australia

offers several rebates and incentives for residents and businesses to promote the use of renewable energy, particularly solar power. In addition to the Federal Government’s Small-scale Renewable Energy Scheme (SRES), often referred to as STCs, Victoria provides the following rebates:

Solar Panel (PV) Rebate
Solar for Rental Properties
Solar for Business
Solar Battery Rebate
Solar Hot Water Rebate

Solar Victoria’s Solar Homes program is a 10-year initiative aimed at supporting the installation of various renewable energy systems, including:

Over 650,000 solar PV systems for owner-occupiers.
50,000 solar PV systems for landowners and tenants.
10,000 battery storage systems.
60,000 solar hot water systems.

To be eligible for these rebates, you must apply for the Victorian subsidy payment through the Solar Victoria online portal before installing your solar power system. Your solar provider must be registered with Solar Victoria to participate in the Solar Homes program.

If you prefer not to submit your application online, there is an option for manual applications, as some rebates are reserved for this method.

The Victorian Solar Panel Rebate provides a $1,400 subsidy toward the cost of a solar system for owner-occupiers who meet certain criteria. To be eligible for this subsidy, you must:

Be the owner-occupier of the property.
Have a combined household taxable income of less than $210,000 per year.
Not have received this rebate before as an owner-occupier under the Solar Homes Program.
Have an existing property valued at under $3 million.
The property address should not have participated in the Solar Homes Program previously.
Not have an existing solar PV system (unless it was installed prior to November 1, 2009). If you had a system installed before this date, you can still claim the subsidy to replace or expand your existing system.

For renters, the Solar Victoria Renters Solar Scheme offers a rebate of up to $1,400 toward a solar system for rental properties. This rebate is paid directly to the solar installer by the Victorian Government once the system is installed. To be eligible for this rebate, rental property tenants must meet specific criteria:

Combined household taxable income of less than $180,000 per year.
Rental property valued at under $3 million.
No existing solar PV system (unless installed prior to November 1, 2009).

The Home Battery Subsidy is a rebate offered by Solar Victoria, covering up to half the cost of installing a battery storage unit, with a cap of $2,950. This subsidy is available for homeowners with existing solar panels or those installing solar and a battery concurrently.

To be eligible for this rebate, you must meet the following criteria:

Your home has solar PV panels with a capacity of 5kW or greater, or you plan to install them alongside the battery.
You have pre-approval from your Distributed Network Service Provider (DNSP) for grid connection.
The battery is on Solar Victoria’s Approved Battery List.
You are the owner-occupier of the property.
Combined household taxable income is less than $180,000 per year.
The property is valued at under $3 million.
You haven’t received a rebate as an owner-occupier under the Solar Homes Program before.

Solar rebates for Victorian businesses are available under the “Solar for Business Program.” This program offers rebates covering up to 50% of the total cost of installing rooftop solar for businesses, up to a maximum of $3,500.

The cost of solar panels in Victoria can vary depending on factors such as system size, panel and inverter brands, and property type. The cost typically ranges from $5,000 to $9,500 before applying rebates.

As of April 2023, the specific rebate values for each program offered by Solar Victoria may vary, so it’s advisable to check the latest details on their official website or with your solar provider.

Rebate type	Current value
Federal STC Incentive	$2,356*
Solar panel (PV)	$1,400
Solar for Rentals	$1,400
Solar for Business	Up to 50% of the cost of a rooftop solar system – to a maximum of $3,500 $5,000 interest free loan also available.
Solar battery	$2,950
Solar hot water	Rebate will remain at current level of $1,000.

Interest-Free Solar Loans In addition to the rebate, Solar Victoria provides interest-free loans of up to $1,400 for solar PV systems through the Solar Victoria Solar Homes Program. This allows residents in Victoria to enjoy the advantages of renewable energy without any initial expenses.

Furthermore, renters have the opportunity to access an interest-free loan from Solar Victoria for a solar PV system within the Solar for Renters initiative. Households are expected to repay the loan amount over a four-year period. The intention is to ensure that the long-term financial benefits outweigh the costs of not having solar at all.

If you wish to discuss the incentives and rebates available to you through Solar Victoria with solar installation professionals, simply complete our online form, and we will connect you with solar installers accredited by Solar Victoria!

If you reside in Melbourne and require more information, you can click the link below, which will direct you to our dedicated page covering the details of purchasing solar systems in your city.”

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