Understanding Victoria’s Solar Rebates: A Complete Guide for 2025

Installing solar panels and saving on bills is everyone’s dream now. Some dreams cost you too much while others are easy to achieve. Now, if you’re thinking making your home solar-proof is a dream that costs you too much, then let’s say goodbye to this thought. With the Victorian government’s rebate program, you can install solar panels in a cost-effective way with the help of government rebates and incentives.

This guide includes everything and helps you understand Victoria’s rebates program.

Eligibility:

Victorian homeowners are eligible if they meet the below-given requirements.

• If you’re the owner of the home, or your home is under construction where the panels need to be installed.
• The total income of the house owners is less than $210,000 per year.
• The property valued is under $3 million, or a home under construction that will be valued at under $3 million at the time of completion.
• If the property owners have not received the rebate under the Solar Homes Program.
• The house or the property has not had a solar panel system installed in the last ten years*.

Solar battery interest-free loan Victoria

To store the excessive generated power, one also needs a battery storage system. With the Victorian Government’s interest-free loan program buying storage batteries has become easy. Households can now apply for up to $8800 battery Storage Interest-Free Loan through Solar Victoria when ordering a Tesla Powerwall or an Enphase IQ Battery from 1KOMMA5° Melbourne.

This program’s sole aim is to let people shift towards solar energy. This interest-free loan offers the best option of repayment over four years. This rebate makes batteries more affordable, and people can easily buy them without breaking the bank.

The Federal Government’s Solar Incentives

The Australian government has started rebate programs for homeowners and businesses that install solar panels or any other renewable energy systems. The main reason behind this program is to encourage Australian’s make a shift towards solar products and reduce gas emission.

This program is part of Australia’s renewable energy target, which works as whenever you install a solar system, a number of renewable energy certificates are credited. Then the certificate gets purchased by energy companies as a part of their renewable energy commitments. The price is capped at $40 per certificate and is locked in when you place an order for immediate installation. The value of these certificates is normally deducted from the price of your system to directly reduce the purchase pricing.

In this way, one can make money, contribute to a good cause, and reduce electricity bills—all with solar installation.

Small Scale Technology Certificates

Small-scale technology certificates are a great way to encourage people and install more and more solar products. With these certificates and rebates, the government wants Australians to create a healthier environment.

The number of small-scale certificates depends on the size of your system and the power you generate.

The simple calculation of SCTs works like this: One STC is created for every megawatt-hour of energy the system can produce. The total number of STCs is then multiplied by how many years the system is expected to generate energy. For solar systems, this is usually 15 years (even though solar panels can last much longer than that).

The rebates work as per the system you have. The bigger the system, the bigger the rebate, and the smaller, then you know the rebate amount! Also, these rebates won’t last long and may end around 2030. Right now is the best time to buy solar products and get maximum rebates.

Conclusion

These are the rebate programs you must know before entering into 2025. Now is the right time to install solar panels and solar products to get maximum rebates. With rebates, your installation and buying process becomes cost-effective. The real saving starts after the installation; you save on your power bills, solar products are a one-time investment, and they don’t ask for much maintenance as well. With all these benefits, it is always a win-win situation to install solar panels in Australia.