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NEWS & REBATE

Learn about the latest government incentives and rebates.
Check out the latest solar industry news and company activities.

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Get rebate when you purchase

The rebates are available for systems installed from 19 August 2018 to 30 June 2019. The Package will provide a rebate to eligible households of 50% of the cost of a solar PV system, up to a maximum rebate of $2,225. Not for profit community housing providers are also eligible to apply for the rebate on behalf of their tenants.

Households will only be eligible for one rebate under the Solar Homes Package (i.e. a household that accesses a Solar PV rebate cannot claim a Solar Hot Water rebate).

To be eligible for a rebate, you must be able to answer 'Yes' to the following:

  • Do you have a combined household taxable income of less than $180,000 per annum? (based on the 2016/17 or 2017/18 tax assessment notices for the home owners or alternative proof of income for the 2016-17 or 2017-18 financial year. For example, proof of pension received)
  • Are you the owner-occupier of the home?
  • Is the home valued at under $3 million?
  • -I don't have solar PV on my property OR I am replacing my solar PV system that was installed before 1 November 2009*.

Government official website - https://www.solar.vic.gov.au/Solar-rebates/Solar-Panel-Rebate


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Electricity feed-in tariff

Feed-in tariffs for renewable energy pay for excess electricity generated by small-scale solar photovoltaic (PV) systems. You’ll receive payment for excess electricity generated and fed back into the electricity grid. The amount paid varies between different retailers, usually from 9.9 to 29c/kWh. Please refer to your electricity provider for detailed price and application.

Government official website - https://www.energy.gov.au/rebates/electricity-feed-tariff-vic


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Small-scale Renewable Energy Scheme

Households and small businesses across Australia that install a small scale renewable energy system (solar) may be able to receive a benefit under the Small-scale Renewable Energy Scheme (SRES) to help with the purchase cost. Installing an eligible system allows the creation of Small-scale Technology Certificates (STCs) with a value that can be redeemed by selling or assigning them. Generally these STCs are assigned to the retailer in return for a lower purchase price for customers.

However the value/price of each Small-scale Technology Certificate is always changing depending on the market and is declining gradually each year starting from 2017 to 2030 when the scheme ends. The number of STCs that can be generated for each installation is dependent on the size of the solar system and the location where the system’s installed.

For instance a 5.5kW solar system installed in Victoria (Climate Zone 4) in December 2018 can generate 84 STCs with each STC worth $34.5 (excl GST), enabling an instant $2,898 price deduction for the purchase.

Government official website - http://www.cleanenergyregulator.gov.au/RET/About-the-Renewable-Energy-Target/How-the-scheme-works/Small-scale-Renewable-Energy-Scheme