The end of premium feed-in tariffs represents a shift in the financial landscape for solar energy users, but it also presents an opportunity to reassess and optimise your solar energy system.
Revamped solar rebates welcomed
Government announces second phase of $1.3 billion Solar Homes program rebates.
RACV has welcomed the state government’s fresh round of solar rebates, in particular the increased emphasis on safety and correct installation.
The second phase of the $1.3 billion Solar Homes program of rebates for solar panels, batteries and hot water systems began on 1 July, with a new staggered system making more than 3000 rooftop solar panel rebates available each month for home owners, and a smaller number for landlords and renters.
Kieran Davies, RACV’s senior product manager energy, says changes to the scheme mean that only approved and accredited installers are able to fit solar panels through the program.
“It’s reassuring to see the emphasis being placed on approved and accredited solar panel installers and products in this round of the rebates,” Kieran says.
“Increasing audits both during and post installation of solar panels should mean that customers can be assured their solar panels are being safely and correctly installed to maximise their solar energy generation.”
How will the 2019-20 solar panel program work?
Each month 3333 rooftop solar panel rebates up to a maximum of $2225 will be available for home owners, and 166 for landlords and renters. Those who miss out will have to reapply the following month.
How to apply:
Householders apply through their solar retailer, who will provide a quote which they will upload to the Solar Homes portal, triggering the eligibility process. When eligibility is confirmed, the retailer will claim the rebate on your behalf.
Eligibility: To be eligible, home owners must have a combined household taxable income of less than $180,000 per year and their property must be valued at less than $3 million.
Renters: A rebate of $2225 is also available for rental properties, with the landlord paying the remaining cost of the solar system, subject to an agreement between landlord and tenant.
What else is available?
Loans: Interest-free loans of up to $2225 are also available to eligible householders, and can be combined with a solar panel rebate.
Batteries: Eligible Victorian households with existing solar panels in designated suburbs can apply for a solar battery rebate of up to $4838.
Hot water: Solar hot water rebates of $1000 are also available to eligible households.
Limits: Households can access only one type of rebate under the Solar Homes program.