VICTORIA SOLAR HOME PROGRAM
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Am I eligible?
Victorian households are eligible to receive a rebate for installing a solar PV system if they meet the following criteria:
they are the owner-occupier of the property
the owners have a combined household taxable income of less than $180,000 per year (based on last year’s Australian Tax Office Notice of Assessment)
it is an existing property, valued at under $3 million
they do not have an existing solar PV system*.
To further reduce costs, owner-occupiers can apply for an interest-free loan, for an amount equivalent to their rebate amount.
An interest-free loan, matching the rebate amount, is also available for most solar panel (PV) applications.
In line with the existing rebate, the new interest-free loan can be applied up to an amount of $1,850. If your total system cost is less than $3,700, there will be no upfront cost.
The loan is required to be repaid over four years, or can be repaid sooner in one lump sum.
Applying for a Solar panel (PV) rebate
ABOUT VIC SOLAR PROGRAME
To further reduce installation costs, householders can apply for an interest-free loan, for an amount equivalent to their rebate amount. The loan is required to be repaid over four years, or can be repaid sooner in one lump sum.
Want to know more about the subsidy? fill in your details and we will contact you!
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