In Australia the national solar rebate has been around for almost a decade now. The details of how it works could be complicated for some, but the effect for a homeowner is very simple – a big saving on energy costs and a power system to call your own. With the rebate buying/installing solar systems has become typically a third cheaper than they’d be without the rebate.
In August 2018, the Victorian State government however devised its own additional rebate model. The government announced that it would cover for half the cost of solar power system up to a maximum reduction of $2,225.
According to reports the Victorian government solar rebate 2018, officially called ‘Solar Homes’ visions to put solar panels on 650,000 roofs by 2028 at an estimated cost of $1.24 billion.
How does the eligibility criteria pan out for Victorian government solar rebate 2019?
The first round of the Victorian government solar rebate 2018 was available for first 24,000 homes and was installed from 19 August 2018 to 30 June 2019. Though, 9/10 Victorian homeowners were eligible for this rebate if they met the following eligibility criteria:
- If they were either owner or occupier of a home in Victoria
- If the home was valued less than $3 million dollars
- If they did not have solar panel on their property
- If they were replacing the solar PV system installed before November 2009
- If their combined household income must be less than $180,000
Come July 2019,and the second phase of the Solar Home Program, referred to as Victorian government solar rebate 2019, was kicked off. The second round began on July 1, 2019 wherein homeowners are eligible for up to 50 percent rebate on the cost of solar system or $2,225 whichever is lower.
During the second phase, 3,333 solar PV rebates will be provided each month during 2019-20. While the conditions of eligibility for the program remains the same as listed above, homeowners shall be informed that the rebate on the solar power system will be approved before the installation. You will not be eligible for the rebate if you install the solar panels and then apply of the Victorian government solar rebate 2019 afterwards.