The program will expand the eligibility for the solar-panel rebate to new homes under construction, enabling Victorians to save on installation costs and electricity bills from the moment they move into their newly built home.
The changes will save homeowners up to $800 on installation costs by fitting panels as they wire the electricity to their new homes, as well as an average of $1073 each year in energy costs.
The expansion paves the way for the increasing electrification of homes, while opening the program to tens of thousands of additional households each year — with about 40,000 new homes built in Victoria annually.
Under the changes, eligible Victorians building homes will be able to apply for a rebate of $1400 as well as being able to access a $1400 interest-free loan to install solar panels during construction.
Since it began in 2018, the Labor Government’s $1.3 billion Solar Homes Program has helped more than 195,000 Victorian households install solar PV systems.
This financial year, there are 64,000 government rebates available for solar PV systems.
Applicants must use a Solar Victoria authorised retailer and install a product included on the approved products list to qualify for the rebate.
For more information, including eligibility criteria, visit solar.vic.gov.au