Solar Rebates and Incentives in Victoria
Maximise Your Savings with Solar Rebates and Incentives in Victoria
At Sunergy Solar & Batteries, we understand that navigating the array of solar rebates and incentives can be complex. Our goal is to simplify this process, ensuring you maximise the benefits available to you.
Here’s an overview of the current rebates and incentives in Victoria and at the federal level.
Victorian State Rebates and Incentives:
Solar Panel (PV) Rebate:
- Rebate Amount: Up to $1,400 for eligible households installing solar PV systems.
- Interest-Free Loan: An optional interest-free loan matching the rebate amount is available, repayable over four years.
- Eligibility: Victorian homeowners and rental properties meeting specific criteria.
- Application Process: Rebates are released monthly; it’s advisable to apply early due to high demand.
Solar Battery Loan:
- Loan Amount: Interest-free loans of up to $8,800 for eligible households to install solar battery systems.
- Eligibility: Victorian homeowners who have already installed solar panels and meet additional criteria.
- Application Process: Applications are subject to availability; check the latest updates for current status.
Hot Water Rebate:
- Rebate Amount: Up to $1,000 for installing an energy-efficient heat pump or solar hot water system.
- Eligibility: Victorian households replacing an existing hot water system with an approved efficient model.
- Application Process: Ensure the system and installer are approved under the program.
Federal Incentives:
Small-scale Renewable Energy Scheme (SRES):
- Benefit: Provides Small-scale Technology Certificates (STCs) that offer upfront savings on solar installations.
- Value: Approximately $400–$600 per kW of solar capacity, depending on system size and location.
- Eligibility: Households and small businesses installing systems under 100kW, using Clean Energy Council (CEC) accredited installers.
- Application Process: Typically, your solar retailer or installer will handle the STC application, providing the discount upfront.
Additional Considerations:
Feed-in Tariffs: While not rebates, feed-in tariffs provide credits for excess electricity your system exports to the grid. Rates vary by retailer and are subject to change; it’s important to review current offers.
Program Updates: Rebate amounts and eligibility criteria can change. For the most current information, consult official resources or contact Sunergy for personalised assistance.
