More about the Victoria solar panel rebate

For January the program will release 2000 rebates on January 2 and a further 2000 rebates two weeks later, for a total of 4000 rebates across the month. In February and March, 5000 rebates will be released across the month. The table below illustrates the future rounds of rebates:

Victorian households are eligible to receive a rebate for installing a solar pv system if they meet the following criteria:

• You are a home owner-occupier of a home that is valued at under $3,000,000
• All owners have a combined household taxable income of less than $180,000 per annum
• You have not already claimed a rebate as an owner-occupier under the Solar Homes Program
• You do not have an existing solar PV system*

Want to add an interest-free loan?

To further reduce costs, owner-occupiers can apply for an interest-free loan, for an amount equivalent to their rebate amount if they meet the above eligibility.

• In addition to the rebate criteria above, the loan will be contingent on a solar panel system having a positive net benefit (your system will need to save you more than the loan repayment amount)
• Your interest-free loan can be applied up to an amount of $1,888
• If your total system cost is less than $3,776, there will be no upfront cost
• The loan is required to be repaid over four years.