Not only does it help reduce electricity bills, but it also adds long-term value to your property while lowering your carbon footprint.
To make solar energy more accessible, the Victorian Government offers generous rebates and interest-free loans through the Solar Homes Program. If you’re planning to build a new home, this guide will walk you through how to claim your solar panel rebate in Victoria and maximise your savings.
Understanding the Solar Panel (PV) Rebate
Eligible Victorian homeowners can receive a rebate of up to $1,400 for the installation of a solar panel (PV) system. Additionally, there is an option to apply for an interest-free loan of up to $1,400, reducing the upfront costs even further. These incentives are designed to make renewable energy more affordable for households across the state.
Eligibility Criteria
To qualify for the solar panel rebate, you must meet the following conditions:
- Ownership: Be the owner of a new home under construction where the system will be installed.
- Income: Have a combined household taxable income of less than $210,000 per year.
- Property Value: The property’s value must be under $3 million upon completion.
- Previous Rebates: The property must not have previously received a solar panel (PV) or battery rebate under this program.
If you’re building a new home and have not previously received a Solar Homes rebate at this property, you may be eligible to apply once construction is underway.
Step-by-Step Application Process
- Research – Read the Solar Panel (PV) Buyers Guide to understand your options.
- Consult an Authorised Solar Retailer – Work with a retailer accredited by Solar Victoria to get a written quote.
- Quote Submission – Your retailer will upload the quote to the Solar Victoria portal.
- Pre-Approval for Grid Connection – Obtain pre-approval from your Distribution Network Service Provider (DNSP) for grid connection.
- Submit Eligibility Documents – Upload identification, income proof, and property ownership documents.
- Approval & QR Code Issuance – Once approved, you’ll receive a QR code to proceed with the installation.
- Installation – The system must be installed within 240 days for homes under construction.
- Final Payment – Pay the remaining balance to the retailer after deducting the rebate and loan amount.
- Loan Repayment – If you opted for the interest-free loan, repayments will be debited monthly over four years.
Key Considerations for New Homebuyers
Building a new home? Plan your solar installation early to integrate it seamlessly into your build.
- Rebate Release Dates: Rebates are released on the second Wednesday of each month. Check the scheduled rebate release dates to apply on time.
- Loan Repayments: The interest-free loan option helps further ease financial barriers to installing solar.
By taking advantage of the Victorian solar rebate, new homebuyers can reduce their upfront investment in renewable energy and enjoy long-term cost savings. With rising energy prices, installing solar panels is a step towards a more sustainable and financially secure future.
For more information or to start your application, visit Solar Victoria.