Solar Rebate

Victorian Solar Panel PV Rebate

* From Solar Victoria website

Solar Home Program provides eligible Victorian households with a rebate of up to 50% of the purchase cost to install solar PV panels unto a maximum of $2225.

On 12 April 2019 Solar Victoria announced that the program for solar PV was fully subscribed for 2018-19, with the program re-opening on 1st July 2019.

As part of the Solar Homes program a loan scheme will commence for solar PV systems for owner-occupiers from July 2019. This will allow Victorians to access the benefits of renewable energy at potentially no up-front cost depending on the choice of the system installed.

Households will be required to pay back the amount of the loan over four years, which will assist Victorians with budgeting for their cost of living.

Solar Victoria is responsible for delivering the Solar Homes package. For more information please https://www.solar.vic.gov.au

Solar Battery Rebate

Solar Homes program will provide $40 million to support 10,000 households to install a solar home battery system.

Households will have access to a 50 per cent rebate for a solar home battery system up to a maximum rebate value of $4,839 in 2019-20, which is expected to be the price of a typical 11 kWh solar home battery system.

The solar battery system is expected to save a typical Victorian household up to $650 a year on their electricity bills, in addition to savings they are already making with solar panels.

Victorians with a household income of up to $180,000 who live in their own home valued at up to $3 million are eligible for these rebates.

Homeowners will only be eligible for one rebate across the Solar Homes program. These rebates will be applicable to batteries installed after July 2019, and households will need to confirm their eligibility before installing a battery.

Solar Victoria is responsible for delivering the Solar Homes package and will provide further details on the batteries program, including eligibility, in the coming months. For more information please visit https://www.solar.vic.gov.au

Solar for rental properties

The Solar Homes renters program will provide $82 million over 10 years to support 50,000 Victorian households who rent their home to access the benefits of solar panels.

The installation of solar panels is expected to save a typical Victorian household who rents their home $890 on their electricity bill every year, while landlords will benefit by getting panels at low cost.

Owners corporations will also be eligible. In order to receive the 50 per cent rebate and no-interest loan, they will need to demonstrate that the benefits of installing solar panels will be passed on to tenants.

Solar Victoria is responsible for delivering the Solar Homes package and will provide further details on the program for renters and landlords in the coming months. For more information please visit https://www.solar.vic.gov.au

Federal incentives for solar PV systems

* From Clean Energy Regulator website

Under the Small-scale Renewable Energy Scheme, eligible small-scale renewable energy systems are entitled to a number of small-scale technology certificates.
The number of certificates that can be created per system is based on its geographical location, installation date, and the amount of electricity in megawatt hours (MWh) that is generated by the small-scale solar panel over one or five years, or a single maximum deeming period , You can calculate the number of certificates a system may be eligible for ​using the small generation unit STC calculator.

The Renewable Energy Target is supported by an online registry system, called the REC Registry, which facilitates the creation, validation, auditing and transfer of certificates

Once created and validated, these certificates act as a form of currency and can be sold to recoup a portion of the cost of purchasing and installing the system or transferred to other individuals and businesses at a negotiated price.

Calculate the number small-scale technology certificates (STCs) for small generation units using calculator below:

STC calulator

Most solar system prices you see advertised will already have the solar Incentive included in the pricing – so the cost after the STC subsidy.

Solar Feed in Tariff (FIT)

Solar Home Program provides eligible Victorian households with a rebate of up to 50% of the purchase cost to install solar PV panels unto a maximum of $2225.

Solar feed-in-tariff is the rate of per Kwh paid by the electricity retailer for the electricity exported in the grid by the residential/business customer. Feed in tariff varies in each state. Rates may also vary between electricity retailers.