The Victorian Government’s $1.3 billion Solar Homes program has officially launched.
The program is intended to help 770,000 households invest in solar while creating 5500 new jobs and slashing carbon emissions.
This financial year Solar Homes aims to support 49,000 installations, including 42,000 rooftop solar systems on 40,000 owner-occupied homes and 2000 for rented homes.
The rebates for solar panels will be released each month to ensure the program is allocated fairly, rolled out safely and provides certainty for the solar industry.
For the first time 1000 rebates will be available for solar storage batteries, to be rolled out in targeted areas in three groups – 200 from 1 July, 400 from 1 November and 400 from 1 March.
Rebates for solar hot water systems will also continue to be available for those who haven’t already accessed a rebate through the program – with 6000 allocated this financial year.
No-interest loans for solar panels will also be available to further drive down up-front costs.
Victorian Minister for Solar Homes, Lily D’Ambrosio, said “Victoria’s solar revolution starts today.
“This landmark program will boost energy supply, create thousands of jobs and slash power bills for families across the state.
“Solar Homes is a critical part of the clean energy future we’re delivering – reducing pollution and tackling climate change.”
“With more rebates and now optional no-interest loans on the table, we’re further reducing the up-front costs to make solar more accessible to Victorians from all across the state.”