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New Vic Government 50% solar rebate

A New Victorian government solar policy

“Good for families, good for jobs, and good for the environment.”

The Victorian Government announced last week that the state would be launching a $1.24 billion solar energy subsidy program for solar PV system installations to be managed by a new independent agency, Solar Victoria.

This is a huge move towards renewable energy infrastructure across the state and we expect a huge increase in demand for solar PV installations.

The program will initially offer 1/2 price solar energy systems for up to 24,000 households in Victoria from 19th August 2018 to 30th June 2019.

“The program will save the typical Victorian household $2,225 for an average 4kW solar system.”

The rebate will cover up to 50 per cent of the value of an average 4kW solar panel system (which currently equates to $2225) for eligible households.

“If re-elected, the Andrews Labor Government will expand the program to 650,000 homes from July next year and will allow households to install a solar panel system for half price and pay the rest of the cost back over four years with an interest-free loan.” (Clean Energy Council)

This program will create a huge and urgent incentive for Victorian families to slash their home energy bills. The government also claims it will create 5,500 new jobs and help train 4,500 Victorians.

Energy Makeovers offer 4KW systems from $2,200 (including rebate).

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