Page 17 - A Guide to The World of Solar
P. 17

About solar panel (PV) rebate


                     The Solar Homes Program is helping eligible Victorian households to take charge of their power

                     bills by  providing a  rebate of  up to  $1,850 for solar  panel (PV)  systems  for owner occupied


                     properties. We are also making it even easier to take up solar, introducing a new, more efficient


                     system for applications.  The eligibility application process for householders is quick and easy

                     through the Solar Victoria Portal (the Portal). Your solar retailer will claim the rebate on your


                     behalf  and  the  rebate  amount  will  be  deducted  from  the  cost  of  your  overall  system  and


                     installation. You are responsible for paying any outstanding balance directly to your solar retailer

                     once installed. More information about the loan is available at https://www.solar.vic.gov.au./solar-


                     panel-rebate




                     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. 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,




                                                                                                                                                                                                                                                                                17 | P a g e
   12   13   14   15   16   17   18   19   20   21   22