Melbourne Solar Rebate
Are you looking to join the millions of Australian homeowners who have taken advantage of the benefits of solar power?
If you live in Melbourne or Victoria, the federal government offers solar rebates and incentives to help homes and businesses enjoy the financial and environmental benefits of solar power.
Between the declining costs of solar technology and the attractive financial incentives offered by the Australian government, now is an excellent time to consider investing in a solar system.
We put together this Victoria and Melbourne Solar Rebate guide to help you learn how to take advantage of these financial incentives.
What Is the Solar Panel (PV) Rebate in Victoria?
The Victorian government offers a state level rebate scheme known as the Solar Panel (PV) rebate to help homeowners afford solar panels.
Solar panel rebates of up to $1,400 are available for eligible homeowners. This rebate may be applied to eligible existing homes, rental properties, and homes under construction. The rebate gets applied toward the installation of solar panel (PV) systems.
The value of the solar panel (PV) rebate in Victoria is a maximum of $1,400 or 50% of the price (whichever amount is lowest).
For example:
- An eligible homeowner who is buying a solar system for $2,600 can apply for a $1,300 rebate (50% of the price)
- An eligible homeowner purchasing a $7,000 solar system can apply for up to a $1,400 rebate if you buy a solar system for $2,500, you can apply for a $1,250 rebate
How Does the Melbourne Solar Rebate Work?
The state level solar panel rebate offered by the Victorian government applies directly to eligible Melbourne homeowners. Since Melbourne is located in Victoria, the eligibility criteria and max rebate amount are identical.
Solar panel (PV) rebates are available for up to a maximum of $1,400 for eligible Melbourne homeowners. This rebate may be applied to eligible existing homes, rental properties, and homes under construction. The rebate goes toward the installation of solar panel (PV) systems to help reduce the initial investment for homeowners.
The value of the solar panel (PV) rebate in Melbourne is a maximum of $1,400 or 50% of the price (whichever amount is the lowest). Some of the key eligibility requirements include a combined taxable household income below $210,000, a property value under $3 million, and no precious solar rebates claimed under the Solar Homes Program.
Am I Eligible for the Victorian Solar Rebate?
As a Victorian homeowner, you need to meet certain criteria to qualify for the solar panel (PV) rebate.
Here are the eligibility criteria for a solar panel (PV) rebate as of October 2, 2023, according to the Victorian Government’s Solar website:
- You must be the owner-occupier of an existing property or own a home under construction where the solar system will be installed
- The combined household taxable income of all owners must be less than $210,000 per year
- The property must be valued at under $3 million
- Homes under construction must be valued at under $3 million at the time of completion
- The property address must not have previously received a solar panel (PV) rebate under the Solar Homes Program
- The property cannot have not had a solar panel (PV) system installed in the last ten years
Is There a Rebate on Solar Batteries in Victoria?
No, there is not a rebate on solar batteries in Victoria but the government does offer solar battery loans. These interest-free solar battery loans are equivalent to a homeowner’s solar rebate amount. These solar battery loans are designed to help eligible Victorian homeowners enjoy a reduced upfront cost of installing a solar battery on their home.
The solar battery loans offered in Victoria include interest-free repayments scheduled over a four year period.
To be eligible, homeowners must not have previously claimed a solar battery loan, must live in a property valued at less than $3 million, and must have a combined household taxable income under $210,000 per year.
The application process involves an eligibility check and a financial check. Not all homes are suitable for battery storage, so feel free to contact us if you need help determining if battery storage is acceptable for your setup.
Learn more about Victoria’s solar battery loans, including additional eligibility criteria, here.
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Victoria Solar Rebate FAQs
Do I need to rush to claim the Victorian solar rebate?
When the first phase of the Victorian rebate was announced, there was a huge influx of solar panel purchases and installations in Victoria and a high level of competition.
While the competition for the solar rebate isn’t as intense as when it was first announced, we still recommend taking advantage of it as soon as possible.
If you are interested in determining your eligibility for the Victorian solar rebate and would like a free quote, feel free to contact us.
Can I claim both the Victorian Solar Homes rebate and the federal rebate?
Yes, you can claim both the Victorian Solar Homes rebate and the federal rebate. By taking advantage of both of these financial incentives, it can be more affordable than ever to invest in a solar system for your home.
Can I claim the Victorian rebate more than once?
You are only allowed to claim the Victorian rebate once. However, the federal solar rebate can be claimed as many times as you want.
For instance, if you own multiple properties and already have claimed the Victorian solar rebate on one of them, you will only qualify for the federal solar rebate on additional installations.
Can I claim the Victorian Solar Homes rebate on an existing solar system?
No, homeowners in Australia are not allowed to claim the Victorian Solar Homes rebate on existing solar systems.
If your roof already has solar panels, you will likely only qualify for the federal rebate. This means that homeowners looking to upgrade or replace their current solar panels do not qualify for the Victorian Solar Homes rebate.
However, if your solar system is more than ten years old, you may be eligible to apply for a rebate to use toward replacing or adding solar panels.
Can I apply for the solar panel (PV) rebate if my home is off-grid?
Does my solar panel (PV) system need to be a certain size to be eligible for the Victoria Solar Rebate?
Can I be eligible for the hot water rebate and solar panel (PV) rebate even if I received a solar battery rebate?
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Going green, especially with electricity, is often easier said than done. The process can be complex, but not when you have experienced professionals who are always ready to serve. Aus Energy Solar can help make your transition from traditional to clean, green energy. Start your journey right away by contacting our friendly team today!