The Andrews Government recently passed a rebate program to make solar panels more affordable than ever before, known as the Victorian Solar Rebate. The package will provide a rebate on the cost of a solar PV system, up to a maximum of $2,225. Which is why there has never been a better time to buy solar in this great state. The state government acknowledges the benefits behind solar and typically households can save around $890.00 per year on their bills. This all means that if you install a solar system today and can take advantage of the government rebate your buy back period will be a lot shorter from 5 – 6 years down to 2 – 3 years only, and you will be able to generate ROI sooner.
There are three steps that you must go through in order to receive the rebate.
- Apply for eligibility, usually around 2 – 3 weeks. Click Here
- Install your System, generally around 2 – 3 months. Click Here
- Apply for a rebate, around 3 – 4 weeks for processing. Click Here
However, to help you get underway we have summarised the eligibility criteria you need in order to begin the process.
- You must be an owner-occupier of your home
- You and your spouse must have a taxable income of less than $180,000 per annum (based on 2016/17 & 2017/18 returns. Tax assessment notices for the property owners as evidenced on the rates notice, or proof of pension income such as Centrelink Payment Summary).
- The property must be valued under $3 million.
- There must not be any solar on the property or you are replacing a PV system that was installed before 1 November 2009*
All households in Victoria are only eligible for ONE rebate under the Solar Homes Package (For example: A household that accesses a solar PV rebate cannot claim a solar how water rebate and vice versa).
To learn more about the government rebate and application process click here
*Early adopters of solar PV, who meet all other eligibility criteria, are able to claim a rebate for a new or expanded system. An early adopter is defined as a solar system that was installed prior to the commencement of the Premium Feed-In Tariff (PFIT) on November 1, 2009. Your Distribution Network Service Provider can confirm that the date on which your solar PV system was connected to the grid was prior to the start of the PFIT. Other than for early adopters, the solar rebate cannot be used to expand an existing solar panel installation.
We have received alerts that scammers have been targeting Victorian households. Be alert to callers claiming to be from the Victorian Government or Solar Victoria requesting bank account details. We will never ask you to provide personal details such as banking information over the phone. If you believe you are being contacted by a scammer or have been contacted by someone engaging in fraudulent of dishonest activities relating to solar rebates please report to ScamWatch and contact Solar Victoria on 1300 363 744. For more information on scams visit the Consumer Affairs website.