26 September 2023

Solar panels to reduce bills in more homes

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More Victorians are soon to be able to access rebates to reduce their energy bills with Solar Victoria expanding its Solar Homes program.

Announced by Minister for Solar Homes, Lily D’Ambrosio, the program enables households to access rebates for both solar panels and solar hot water or high-efficiency electric heat pumps.

“Victorians, who have not previously claimed a solar rebate, will be eligible for up to $2,400 in rebates for the installation of bill busting solar products,” Ms D’Ambrosio said.

“Households are also eligible for a $1,400 interest free loan, cutting up to $3,800 from upfront installation costs,” she said.

“The changes also mean the nearly 190,000 Victorians who have previously accessed a rebate to install solar panels will be able to access up to an additional $1,000 to install solar hot water or a highly efficient heat pump system.”

Ms D’Ambrosio said the Solar Homes program would cut Victoria’s carbon emissions by almost four million tonnes, “the equivalent of taking one million cars off the road”.

The Minister said household solar was expected to generate 12.5 per cent of Victoria’s 40 per cent target for renewable energy by 2025.

She said Solar Victoria would also expand the eligibility criteria for its Solar for Business Program, offering businesses up to $8,500 off the upfront cost of a solar system installation.

Further information on the Solar Homes program can be accessed at this PS News link.

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