If you are considering rooftop solar or battery storage for your home, it is important to be aware that the State government rebates are guaranteed at their current levels only until 30 June 2021.
Solar Victoria, the organisation that administers the Solar Homes Rebate Program, has not yet stated what the value of the rebates will be from 1 July 2021. However what we do know is that the value of the Solar Homes rebates have steadily reduced since the program was launched in 2018 and that this reduction typically occurs from the 1st of July each year.
Rebates well worth having
The good news is that the Solar Homes rebates are still very attractive and definitely worth applying for. Providing you are eligible, they will significantly reduce your upfront costs and fast-track the payback period on your solar investment.
As of 31 May 2021, the Solar Homes rebates are worth these amounts:
- Solar panels – up to $1,850 (for owner-occupied properties and rental)
- Solar panels interest-free loan – up to $1,850 (as above and available in addition to the solar panels rebate)
- Battery storage – up to $4,174
It is important to be aware that you can only apply for one rebate from the Solar Homes program. In other words, you can apply for the Solar Panels rebate OR the Solar Battery rebate – but you can’t apply for both (well you could, but you wouldn’t be successful).
There are a number of other eligibility criteria and you should check these on the Solar Victoria website at solar.vic.gov.au. At Specialized Solar we can help you out but, at the end of the day, it is only Solar Victoria who can determine your eligibility.
Take action now
So, if you are keen to get a solar panels system or battery installed, our advice is to get in touch with us as soon as possible for a quote as this is the first step in the rebate process.
Once we’ve provided you with a quote, we upload it to the Solar Victoria portal and from there, you can complete your application via the Portal. Of course, if you have any questions as you are doing this, you can get in touch with our customer service team who can provide support and talk you through the application process.
We guarantee that if you request a quote from us by 5pm on Friday 25 June 2021, we will have our quote uploaded in time for you to complete your online application by 30 June 2021.
At present, there are still quite a good supply of rebates for both solar panels and batteries but we expect that these will go quite quickly. Therefore, it is another good reason to take action now and not wait until closer to the end of June.
If you have any questions, please contact us on 03 9117 6185 or request a free quote by completing our online form.
We can also help you with the rebate application process.
If you’d like to check eligibility criteria for the Solar Homes program visit solar.vic.gov.au