Rebates & Incentives

Residential Rebates 

Here's a breakdown of the government incentives available to Australian residential homeowners in the state of Victoria for installing PV solar energy in 2024: 

- Solar Homes Program 

- Offers rebates up to $1,400 for solar panel installations. 

- Interest-free loans matching the rebate amount. 

- Solar for Rentals Program 

- Provides rebates for solar panel installations on rental properties. 

- Interest-free loans for landlords. 

- Battery Rebates 

- While there are no rebates for battery storage systems any longer, there is an interest free loan worth up to $8,800 to cover the upfront expense of your battery system. 

- Solar Hot Water Rebates 

- Up to $1,000 rebates for solar hot water systems. 

- Feed-in Tariffs 

- Payments for excess electricity exported to the grid. 

Flat Rate Tariffs: Typically range from 5 c/kWh to 12 c/kWh. 

Time-Varying Tariffs: Rates may vary depending on the time of day, ranging from lower rates during off-peak hours (e.g., 4 c/kWh to 8 c/kWh) to higher rates during peak periods. 

- Victorian Energy Upgrades Program 

- Incentives for energy-efficient upgrades including solar installations.

- Solar Victoria Battery Program 

- Additional rebates for battery installations in eligible areas. 

Commercial Rebates and Incentives 

Here's a breakdown of government incentives available to Australian business owners in the state of Victoria for installing PV solar energy in 2024: 

- Victorian Business Growth Fund 

- Provides financial support to eligible businesses for growth initiatives, including solar installations. 

- Victorian Energy Upgrades Program 

- Offers incentives for energy-efficient upgrades, including solar PV installations. 

- Businesses can earn Victorian Energy Efficiency Certificates (VEECs) for energy-saving measures, which can be traded for financial incentives. 

- Clean Energy Finance Corporation (CEFC) 

- Offers tailored finance solutions to businesses investing in renewable energy projects, including solar PV systems. 

- Renewable Energy Target (RET) 

- Businesses may benefit from the RET scheme, which creates a market for large-scale generation certificates (LGCs) that can provide additional revenue streams for solar energy generation. 

- Export Tariffs 

- Businesses can earn income through export tariffs by selling excess solar energy back to the grid. 

- State-based Grants and Loans 

- Various state-based grants and low-interest loans may be available to support renewable energy projects, including solar installations.

Please contact our Team to discuss eligibility for each government incentive.