Solar Panels Melbourne Government Rebate

Update 7 september 5 20pm on sunday 6 september the victorian government announced the roadmap to reopening victoria.

Solar panels melbourne government rebate.

The solar homes program solar pv rebate assists eligible victorian households to install solar panels not for profit community housing providers are also eligible to apply for the rebate on behalf of the tenants. The victorian government s rebate is on top of the federal scheme. A solar power feed in tariff is a payment you receive from your electricity retailer i e. So if you buy a solar system advertised at 4 450 which would typically be 4 5kw of panels then claim the victorian rebate of 1 850 are actually getting a system worth 6 690 remember the federal rebate was already applied to the advertised price for 2 600.

If you are interested in the financial payback of a system such as the 6 6kw system above use our solar payback calculator it takes into account rising electricity prices and your state s feed in tariff. Your retailer will then upload your quote to the solar victoria portal the portal which will trigger the online process for your eligibility assessment. There is additional assistance offered including no interest loans to complement the rebate as well as solar panels for rental properties and solar battery rebates. On 1 july 2019 the victorian government announced the solar homes program which aims to further encourage the uptake of solar with an upfront rebate.

Both homeowners and businesses qualify for a federal tax credit equal to 26 percent of the cost of their solar panel system minus any cash rebates. Households and small businesses across australia that install a small scale renewable energy system solar wind or hydro or eligible hot water system may be able to receive a benefit under the small scale renewable energy scheme sres to help with the purchase cost. The government intends to help 770 000 households invest in solar while decreasing the state s carbon emissions. All melbourne solar panel installations will receive the federal government solar rebate providing the solar panels are approved by the clean energy council and an accredited installer performs the install.

To be eligible for a rebate products must be on this approved products list. The federal government provides a solar tax credit known as the investment tax credit itc that allow homeowners and businesses to deduct a portion of their solar costs from their taxes. How the solar rebate financial incentive works. The feds have cleverly designed the rebate financial incentive to actually cost the government very little.

The company you receive your electricity bill from for each unit of electricity your pv solar system exports to the grid.