Get $3,560 or even more in Government rebates in VIC.
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Insulate yourself from future power price hikes.
Incredible Returns
Cheaper power, add property value and 3-5 year ROI.
Paid for Power
Export your excess power to the grid. Hello passive income!
Never Cheaper
Solar systems have never been more affordable.
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Longterm warranties means your system is set to last.
lock in your rebate
Save $3,560+ when you install solar in Victoria.
The Australian Federal Government provides substantial rebates when you choose to install a solar PV system at your property. The rebate amount is based on the size of the system purchased and is deducted from the upfront cost of the solar system by your chosen solar provider.
In 2024 you can expect a $3,560 or more reduction for a 6.6kW system, a common size for VIC homes.
Add the $1,400 on offer through the Victorian Government’s Solar Homes Program and that number jumps to a whopping $4,960!
The amount of STC’s you receive are affected by two main variables - Location & System Size.
Location - The Federal Government splits all of Australia’s postcodes into 4 categories: Zone 1, Zone 2, Zone 3 and Zone 4.
If you reside in Zone 1, you’ll receive a greater rebate than someone that lives in Zone 2, who will receive a bigger rebate than someone in Zone 3 and so on. Zones are determined by the number of sunlight hours you receive in the location you are having your Solar PV System installed.
System Size - The other variable in determining the value of your rebate and amount of STC’s received, is the Solar PV System’s size. The larger the Solar PV System, the more power it will generate and the more STC’s and rebate amount you will be entitled to.
Under the Australian Government’s Small-Scale Renewable Energy Scheme (SRES), homeowners are entitled to a given number of STCs dependent on the system size, where the system is installed and which year the system is installed.
The scheme can be claimed on multiple properties. The rebate is claimed by the installer of your system and passed on as a point of sale discount.
STCs are a traded like shares and their worth fluctuates depending on the amount of installations occurring that year. More installs than expected and the worth depreciates. STCs are currently valued at around $38 but have been as low as $17, so now is definitely a good time to install.
Here’s the short answer to a pretty complicated question.
The solar panels that go on your roof are made up of a collection of smaller ‘cells.’ These cells are made up of layers of silicon.
When light particles from the sun hit a cell they knock electrons lose from the silicon. This results in a charge being generate that your solar system can then capture and use to power your home.
The incentives, rebates and finance options currently available in Victoria include:
The Federal STC Incentive
The STC Incentive (also known as the STC Rebate) is a huge upfront discount you receive from the Australian Federal Government when you install a new solar system.
The amount you receive depends on a few things, including:
System Size
Location
Installation Year
In 2024 most VIC resident can expect an STC discount of $3,560* for a 6.6kW system (a very common system size).
Assumes STC value of $38
Solar Homes Program – Solar Panel (PV) Rebate
Receive $1,400 towards the cost of installing solar at home from the Victoria State Government through the Solar Homes Program.
You’re eligible if you meet the following criteria:
You are the owner of an existing property or of a home under construction
The owners’ combined household taxable income is less than $180,000 per year
You have not already received a solar battery rebate or a solar PV rebate under the Solar Homes Program
It is an existing property valued at under $3 million, or a home under construction that will be valued at under $3 million at the time of completion
the property address has not previously received a solar PV or battery rebate
You do not have an existing solar PV system (excluding those who installed their system prior to 1 November 2009 who are eligible to replace or expand their existing system)
Solar Homes Program – Solar Battery Rebate
Receive $2,950 towards the cost of installing solar at home from the Victoria State Government through the Solar Homes Program.
You’re eligible if you meet the following criteria:
The property already has solar PV panels with a capacity equal to or greater than 5kW or is arranging to have one installed in conjunction with the solar battery installation
Pre-approval is obtained from your Distributed Network Service Provider (DNSP) to safely connect a battery to the grid
The energy storage solution is listed on Solar Victoria’s Approved Battery List and the property does not have an existing energy storage system
You are the owner-occupier of the property where the system is to be installed
The owners’ combined household taxable income is less than $180,000 per year
It is an existing property, valued at under $3 million based on the current council rates notice
You have not already received a rebate as an owner-occupier under the Solar Homes Program
The property address has not previously taken part in the Solar Homes Program
The owner/s agrees to receive information from their Distribution Network Service Provider about taking part in battery trials to maximise the value households get from them
Solar Homes Program – Hot Water Rebate
Receive up to $1,000 towards the cost of installing eligible heat pump and hot water systems from the Victoria State Government through the Solar Homes Program.
You’re eligible if you meet the following criteria:
You are the owner-occupier of the property
The owners’ combined household taxable income is less than $180,000 per year
You have not already received a solar battery rebate or a hot water rebate under the Solar Homes Program
It is an existing property, valued at under $3 million
The hot water system to be replaced is at least three years old from the date of purchase
The property address has not already received a solar battery rebate or a hot water rebate under the Solar Homes Program
The hot water system is an approved model under the scheme
You have not already received the Hot Water Rebate
Solar Homes Program – Solar Rebates for Rental Properties
Receive up to $1,400 towards the cost of installing solar panels on your rental property. An interest free loan of up $1,400 is also available.
Most households in VIC will have a rooftop suitable for solar.
Things can get a little trickier if you live in an apartment / under a strata arrangement, however.
If want to know if your home is ready for solar, the best thing you can do is request quotes from certified installers and discuss your individual circumstances.
It’s totally free and gets you the information you need to start planning your solar system