Following the Andrews’ Government re-election in November 2018, Victorians have embraced solar and taken advantage of the Solar Homes Package. Here’s the latest on the Victorian solar rebates.
Thousands have installed solar
Since the announcement of the Solar Homes Package in August 2018, nearly 7,000 Victorian households have installed solar panels.
High energy bills has been a predominant contributing factor for households to make the easy switch to solar. In the last financial year 2017/18, more than 72,000* households had their power cut off, up from 11 per cent the previous year.
What is the Vic Solar Rebate?
The Solar Homes Package aims to help households to install solar technology on the home to reduce growing energy bills. Eligible households can claim up to 50 per cent off the price for installing an eligible solar panel system.
Around 1,600 households have already received their rebate, with many more in the queue. The suburbs with the highest uptake as part of the rebate scheme have been:
- Tarneit – 3029
- Clyde North – 3978
- Craigieburn – 3064
- Truganina – 3029
- Cranbourne East – 3977
Source: Thousands of Victorian Homes Save Millions on Solar, Media Release, 18 January 2019
Interest-free loan scheme
As part of the Solar Homes Package, eligible homeowners will have access to a no-interest loan scheme from 1 July 2019 to assist in installing a solar panel system. Homeowners will be able to purchase the system for half price and pay the remainder of the installation back over four years through their loan.
Watch the video to learn about the Vic solar rebate
Why install solar PV?
Mounting energy charges has made energy unaffordable for many Victorian households. With over 72,000 households disconnected within a year, Victorians are taking the step to regaining energy independence by generating their own solar energy.
How solar works – explainer
Unsure how solar works or want the bigger picture? Watch our explainer video on how it all works below.
How solar works – video
Contact Sunbank Solar on 1300 28 29 30.
*Source: The Sydney Morning Herald, Energy regulator proposes safety net for households struggling with high power bills, February 2019