Victoria offers half-price solar panel rebates

Victorians keen to reduce their power bills can now apply for 50 per cent rebates on solar panel installations.

Victorian Minister for Energy Lily D’Ambrosio today announced eligible Victorian households who installed solar panels on or after August 19 could now apply for a rebate to cover half the cost, up to a maximum of $2225.

“We’re offering half-priced rebates on solar panels from today, to save Victorians money and give them control back over their power bills,” Ms D’Ambrosio said.

“The Solar Homes program will help 720,000 households cut their energy bills with either solar panels, solar hot water systems or solar batteries.”

Applications for a $1000 rebate for solar hot water systems will open shortly.

Rebates for eligible households for both solar panels and solar hot water systems will be available until June 30 next year.

After this time, the state government will pay the full upfront cost of solar panel installations, with households able to pay off half the cost via an interest-free loan.

More than 10,000 people registered their interest in rebates in the three weeks since the program was announced, while solar installation companies have received a flood of inquiries.

To be eligible for a rebate, applicants must have a household income of less than $180,000, and be the owner and occupier of the property, which must be valued at less than $3 million.