Victorian Government Solar Panel Rebates
Solar panel pv rebate.
Victorian government solar panel rebates. But as that word has stuck and the victorian government is still using the term rebate we ll still keep using it at times too. We are providing a rebate of up to 1 850 for solar panel pv system installation for homeowners and rental properties. Solar hot water rebate. The solar homes program is providing rebates and interest free loans to eligible victorians to reduce the upfront cost of installing solar panels.
Eligible households can claim a discount on the cost of a solar panel pv system up to a maximum rebate of 1 850. The program provides eligible victorian households with a rebate of up to 50 of the purchase cost to install solar pv panels. Enter the victorian government s solar rebate note. Find an authorised retailer.
On top of that there are victorian solar rebates not just one but numerous incentives. The federal government provides a solar tax credit known as the investment tax credit itc that allow homeowners and businesses to deduct a portion of their solar costs from their taxes. A solar power feed in tariff is a payment you receive from your electricity retailer i e. The company you receive your electricity bill from for each unit of electricity your pv solar system exports to the grid.
The second round of victoria s program began on july 1 2019 and as a subsidy rather than a rebate. Applicants must understand the solar homes program eligibility criteria and then contact an authorised solar provider for a quote. Solar for rental properties. To be eligible for this rebate you must.
The rebate is up to 2225 currently half the value of an average 4kw solar panel system. Both homeowners and businesses qualify for a federal tax credit equal to 26 percent of the cost of their solar panel system minus any cash rebates. Solar panel pv rebate. The roadmap is designed to be rolled out in safe steady and sustainable steps.
To qualify for inclusion on these lists providers and products are required to meet standards set by the clean energy council energy safe victoria and other relevant authorities. To be eligible for a rebate products must be on this approved products list. If you live in victoria and are considering investing in solar power you should consider all of the available solar rebates firstly there is the federal government rebate which is unaffected by the new victorian solar rebate. To further reduce installation costs householders can apply for an interest free loan for an amount equivalent to their rebate amount.
Reduce greenhouse gas emissions. This solar rebate is a national federal scheme. Inform yourself before you sign a contract for the installation of solar panels you should be sure that you understand the process and eligibility criteria. Watch a video walkthrough of the solar victoria customer rebate application process.
The victorian government acknowledges aboriginal and torres strait islander people as the traditional custodians of the land and acknowledges and pays respect to their elders past and.