Victorian Solar Rebate: Your Guide to Savings with Carbon Savers

Victorian Solar Rebate: Savings

The Victorian government’s Solar Homes Program is designed to make renewable energy solutions more accessible to Victorian residents. At Carbon Savers, we’re here to help you navigate this program and maximise your benefits. Let’s explore how these incentives can help you reduce energy costs and contribute to a sustainable future.

Understanding the Victorian Solar Rebate

The Solar Homes Program offers three main financial incentives:

1. Solar Panel (PV) Rebate: Up to $1,400 off solar panel systems, plus an optional interest-free loan.
2. Hot Water Rebate: Up to $1,000 off eligible heat pump or solar hot water systems.
3. Solar Battery Loan: Interest-free loans up to $8,800 for solar battery installations.

Hot Water Rebate

Eligibity Criteria

Be the owner-occupier of the property
Combined household taxable income should be less than $210,000 per annum
The property value must be under $3 million
Ensure the property has not received a hot water or solar battery rebate under this program
Have a hote water ystem that’s at least 3 years old

Solar Panel (PV) Rebate:

Eligibity Criteria

Be an owner-occupier of the property or building a new home
Have a combined household taxable income under $210,000 annually
Own a property valued at less than $3 million
Ensure the property hasn’t received a solar panel rebate under this program before
Confirm no solar panel system has been installed at the property in the last 10 years

*Note: If you’re participating in the Premium Feed-in Tariff scheme, consider whether replacing your existing system before the scheme ends on 1 November 2024 would be beneficial.

Solar Battery Loan

Eligibity Criteria

Meet the same owner-occupier, income, and property value requirements:
- Be the owner-occupier of the property
- Combined household taxable income should be less than $210,000 per annum
- The property value must be under $3 million
Have or plan to install a solar panel system with at least 5kW inverter capacity
Choose a battery with 6kWh or more capacity from Solar Victoria’s approved list
Ensure your property doesn’t have an existing energy storage system
Obtain pre-approval from your Distributed Network Service Provider

Application Process

Verify your eligibility using the criteria above
Contact Carbon Savers for expert guidance
Choose the most suitable solar solution for your needs
We’ll support you through the application process
Upon approval, we’ll install your chosen system
Enjoy reduced energy bills and a smaller carbon footprint

Why Choose Carbon Savers?

At Carbon Savers, we pride ourselves on being more than just installers. We’re committed to helping you achieve a sustainable future. Here’s why we stand out:

- Local expertise with a deep understanding of Victorian homes and climate conditions
- High-quality installations to maximise the benefits of your rebate
- Comprehensive assistance with all necessary paperwork
- Exceptional after-sales support for your peace of mind

Frequently Asked Questions

Q: What percentage of my hot water system cost will the rebate cover?

A: The hot water rebate covers up to 50% of the system cost, with a maximum rebate of $1,000.

Q: How much of my hot water system cost will the rebate cover?

A: The hot water rebate covers up to 50% of the cost, with a maximum of $1,000. This is calculated after applying other discounts like STCs and VEECs. At Carbon Savers, we'll ensure you receive the maximum available rebate.

Q: Do I need a solar PV system to get the hot water rebate?

A: No, you can install any system on the Hot Water Approved Products list. This is great for apartments or homes with limited roof space, as you can still install an efficient heat pump system.

Q: I've already installed a solar system. Can I claim a rebate now?

A: Unfortunately, you can't claim a rebate retroactively. However, if you're considering upgrades, you might be eligible for rebates on new components. We can assess your current setup and advise on potential rebate-eligible upgrades

Is there a size limit for solar PV systems eligible for the rebate?

A: There's no specified size limit, but the rebate has a maximum value of $1,400. We'll help you determine the optimal system size based on your energy needs, roof capacity, and rebate eligibility.

Q: What other rebates can I apply for if I've received a hot water rebate?

A: You can still apply for a solar PV rebate and loan, as well as a battery loan. We can guide you through applying for these additional rebates to maximise your benefits.

Q: Can renters or rental providers apply for a hot water rebate?

A: The hot water rebate is only for owner-occupiers. However, there are other incentives for rental properties, like the Solar for Rentals rebate. Contact us for more information on available programs for rentals.

Q: I received a hot water rebate but moved house. Can I apply again for my new property?

A: Yes, you can apply for rebates at your new property, including the hot water rebate, solar PV rebate and loan, and battery loan, as long as the new property hasn't received these rebates before.

Q: What qualifications do hot water system retailers need?

A: At Carbon Savers, we meet all program requirements, including using licensed plumbers and electricians, providing necessary certificates, and offering a minimum five-year warranty on major components.

Q: How do I claim the rebate for an emergency installation?

A: In emergencies, you can install a replacement system immediately. Apply for the rebate as soon as possible after installation, checking the emergency installation box on your application. We'll help you gather the necessary documentation for retroactive approval.

Q: Can I apply for both a Solar PV rebate and a solar battery loan?

A: Yes, but they require separate applications. You'll need to meet the eligibility criteria for each and will receive separate approvals and QR codes for the installations.

Q: What should I consider before getting a solar battery?

A: Consider your household's energy usage, cost-benefit analysis, and grid connection requirements. We can help you assess if a battery is right for your situation.

Q: Can I replace my old solar panels and still get a rebate?

A: Yes, if your panels are over 10 years old. Just ensure your existing inverter can handle the new panels. Be mindful of how this might affect your Premium Feed-in Tariff rates if applicable.

Q: How do I apply for a Solar PV rebate for a house under construction?

A: Discuss the installation with your builder early, submit your application at the right construction stage, and ensure installation is completed within 240 days of receiving your QR code.

Q: How much can I really save with these programs?

A: Savings vary, but on average: • Solar panels can save over $1,000 annually • Adding a battery might increase savings to over $1,400 per year • Replacing a gas hot water system with a heat pump can save around $250 annually

Q: What's the timeline for installation after getting rebate approval?

A: For existing homes, you have 120 days to complete the installation after receiving your QR code. For homes under construction, this extends to 240 days.

Q: How does the rebate payment work?

A: The rebate amount is deducted directly from your invoice by the retailer. You'll only pay the remaining balance after installation.

Q: Is it worth installing solar panels in areas with frequent cloud cover?

A: Yes, solar panels can still generate electricity on cloudy days, albeit at a lower output. The program is designed to make solar worthwhile even in regions with variable weather.

Why Choose Carbon Savers?

At Carbon Savers, we pride ourselves on being more than just installers. We’re committed to helping you achieve a sustainable future. Here’s why we stand out:

- Local expertise with a deep understanding of Victorian homes and climate conditions
- High-quality installations to maximise the benefits of your rebate
- Comprehensive assistance with all necessary paperwork
- Exceptional after-sales support for your peace of mind