Solar Rebates in Victoria
Solar Rebates in Victoria
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Long story short
In Victoria, solar rebates aren’t just for homeowners
Some rebates are specific to renters or community housing.
No waiting around for your discount to arrive
Most rebates can be applied to your up-front installation bill, so you can see the savings nearly instantly.
Simple application process for Victoria’s solar rebates
Most solar rebates and incentives in Victoria can be handled by accredited installers, so there’s no extra admin on your side.
What solar rebates are available in Victoria?
Solar panel (PV) rebate
As part of the Solar Homes Program, you could receive a rebate of up to $1,400 for installing eligible solar panels at your place. You can apply for a rebate for your existing home or one you’re building to help pay off your solar system sooner.
If you’re all about speed like Lightning McQueen, you could pay off your system even faster with an interest-free loan of the same amount as your rebate. Repayments are paid off in monthly instalments across four years.
Just remember, this rebate and loan amount will go directly into your solar system retailer’s pocket rather than your bank account. Then, on installation day, you’ll only need to pay the outstanding balance (if there is one).
These rebates are capped, so you might want to apply for this rebate sooner rather than later.
Eligibility
As a Victorian household looking to get the solar panel (PV) rebate, there are a few boxes to tick. They include making sure:
- you’re the owner and occupier of an existing property (or one under construction) where the solar panels will be installed
- your combined household income is less than $210,000 annually
- your property’s value is under $3 million
- your property’s listed address hasn’t gotten the solar panel rebate before
- the property hasn’t had solar panels installed in the last ten years
- if you’ve received the Solar Homes rebate before, you’ve since moved to a new house that hasn’t had the rebate before.
How to apply
- If you’ve met all the requirements, then it’s time to talk to an authorised solar retailer and get a quote.
- Once your retailer has uploaded your quote to the Solar Victoria portal, you’ll get pre-approval to connect and export to the grid.
- Then, you need to send through some more paperwork to confirm your eligibility.
- Once your eligibility is confirmed, you can install your solar system within 120 days (270 days for homes under construction).
- When it comes time for the bill, just pay your retailer the difference and start repaying your interest-free loan (if you opted for one).
Solar rebates for rental properties
These rebates are a version of the solar panel (PV) rebate, which offers up to $1,400 plus an interest-free loan of the same amount. The biggest difference: these ones are for rental properties.
If you’re a renter, you can suggest this rebate to their landlords but can’t apply yourself. To help sweeten the deal, you could offer to contribute to loan repayments, since you’ll be the one benefiting from the solar-generated electricity. But you won’t be able to legally contribute more than $14.58 a month, and you can’t be asked to cover any other costs either.
If you’re a rental property owner, you just need to get an agreement from your renters, then notify them when the loan repayments start up (if applicable).
Eligibility
When it comes to your eligibility, there are a few things to make sure of, including:
- the rental property currently has tenants with a rental agreement in place
- your renters’ combined taxable annual household income is less than $210,000
- the rental property is valued at under $3 million and hasn’t had solar panels installed in the last 10 years
- you haven’t successfully applied for the solar panel rebate or battery rebate for this property under the Solar Homes Program
- both you and your renter have signed the ‘Solar Homes Program Agreement between Rental Provider and Renter’.
How to apply
- If you’ve reached out to your tenants and gotten all the agreements signed, it’s time to talk to an authorised solar retailer.
- Once you’ve chosen your panels and gotten a quote, your retailer will upload it for pre-approval to connect and export to the grid.
- Once your retailer has pre-approval, you’ll need to upload paperwork to confirm your eligibility.
- After your eligibility is confirmed, you can go ahead with the installation within 120 days (or 270 days for homes being built).
- Then you’ll just pay your retailer the difference and start paying back your interest-free loan (if you have one).
Solar rebates for community housing
The solar panel (PV) rebate isn’t just for homes, but also for not-for-profit community housing organisations. For this rebate, you’ll be funded up to $1,400 or a maximum of 50% of the costs of your solar panel installation per individual residential agreement (whichever is lower). So if it costs $2,000 to install your solar panels, you should receive a of $1,000.
Eligibility
To be eligible, you’ll need to make sure your organisation:
- is a registered community housing listed on the Housing Registrar Public Register or the Australian Charities and Not-for-profits Commission
- can demonstrate that affordable housing is one of the its core activities
- owns and manages properties
- confirms that 100% of energy savings from installing solar panels will be passed on to renters
- uses an authorised solar retailer and authorised products.
How to apply
To apply for the solar rebate as a community housing organisation, you first need to submit a letter of support. There are different forms for organisations who are and aren’t listed on the Housing Registrar Public Register. Once you’ve sent this through to the Vic government, they’ll check your organisation’s eligibility. You can then get a quote from an authorised solar retailer, install your system and get your rebate.
Hot Water Rebate
The hot water rebate gives you up to $1,000 to help cover replacing your old water heater with a solar-powered model. On top of the rebate, this switch could help you slash your annual electricity bills by $330.
Eligibility
You could be eligible if:
- you’re the owner-occupier of the existing Victorian property
- your combined taxable annual household income is less than $210,000
- your property’s value is under $3 million
- you haven’t already received a hot water rebate or solar battery rebate using the same address under the Solar Homes Program
- the hot water system you’re replacing is at least three years old (starting from the date of purchase)
- you’re replacing your system with one listed on the approved products list.
How to apply
Once you’ve done your research and talked to an authorised retailer about the right solar water heater, your retailer will upload a quote to the Solar Victoria portal for pre-approval. Once you’re approved, you can go ahead and install your solar water heater within 120 days, then pay the difference remaining.
Small-Scale Renewable Energy Scheme
You may also be able to pay off your solar system sooner by getting involved in the Small-Scale Renewable Energy Scheme (SRES). With this federal rebate, you can earn small-scale technology certificates (STCs) when installing an eligible system. These can then be traded for cash back on your installation bill. The number of STCs you get and how much you can sell them for depends on your setup, but it could help lower your out-of-pocket costs. The catch is that this scheme is coming to a close in 2030, so the sooner you apply, the better.
Eligibility
To be eligible for the SRES, your solar system needs to:
- involve products listed on the Clean Energy Council (CEC) list of approved components
- have STCs created within 12 months of installation
- meet Australia and New Zealand standards
- be designed and installed by a Solar Accreditation Australia (SAA) designer or installer
- meet SAA design and installation guidelines
- comply with local, state, and federal requirements
- be classified as small-scale.
How to apply
Once you’ve picked out solar panels that match your needs and the eligibility requirements, it’s time to talk STCs. You have up to 12 months to claim your certificates, and most people opt to do so via a registered agent. They’ll figure out the details, help make the purchase, and apply the discount up-front, so you can see that nice debit on your bill. Either way, you may want to shift your to-do list around and jump in on this scheme sooner rather than later. It’s set to end in 2030.
Cheaper Home Batteries Program
The federal Cheaper Home Batteries Program helps homeowners extend their solar power system with 30% of the up-front cost of installing solar batteries. The goal is to make it easier for Victorians to store up their solar energy and take another step towards a reduced energy bill and a cleaner-powered home.
Eligibility
To be eligible for this program you need to meet various requirements. They include installing a system that:
- is a single battery unit or a system of modular battery cells all connected to one unit
- hasn’t already received a discount under this program
- has a capacity of between 5 and 100 kWh
- be installed by an accredited installer/retailer
- meet Australian standards
- has been independently tested to confirm safety standards.
How to apply
As a consumer you won’t need to apply for this discount. Just like the SRES, this will all be done by your accredited installer/retailer. Your discount should come through on your up-front installation bill, unless you decide to register for the discount yourself.

‘We wanted to cut down our electricity bills, but a solar system would have been hard for us to get value out of since my housemate and I aren’t home for the majority of daylight hours. So, we opted for a solar hot water heater using the rebate, and we saw a difference in our first bill – and it wasn’t because we both stopped showering.’
Madeline Pettet
Digital Writer, iSelect
Is it worth getting solar installed?
What matters to you may be at the bottom of someone else’s priority list, so it can be hard to say if solar is worth it for you. However, looking at the cold, hard facts of money in and out, solar definitely could be a wise investment.
Houses making the most of their solar panels could be saving $1,000 or more a year. Spread that out over 10 years (this is about when the first parts of your solar system need replacing) and you’ve potentially saved yourself $10,000. That could be enough to buy a whole new system, let alone replace your system’s inverter.
And what happens when you throw rebates and no-interest loans into the mix? Well, let’s say you install a 3–5 kW solar system. With it, you get a feed-in tariff of 10 cents per kWh and have no export limits. Assuming you successfully get the rebate, your system could pay itself off in three to five years. Without the rebate, it might take as long as nine years. However, the size of your solar panels will obviously play a big role in just how long this payoff period takes.
And this isn’t taking into account the bonus you could get selling STCs through the Small-Scale Renewable Energy Scheme. As a general rule of thumb, you could be earning $33–38 for every STC. Assuming you can sell at least 35 STCs, that could mean getting a further $1,155 to $1,330 back on your system.
If the numbers aren’t quite adding up for you yet, it’s important to remember that solar is an investment that might need a little effort on your end. It’s not a ‘set-and-forget’ option but one that works best when you tweak your routine to make the most of daylight hours. So if you’re ready to do the washing at lunchtime and get most usage out of your slow cooker while you’re at work, you might just be ready for solar.
How much could I be paying for a solar system in Victoria?
Our fictional friend Robin is going through a solar overhaul at his house. He wants to install solar panels and a solar water heater at his home for more energy efficiency (and hopefully some reduced bills too).
Robin is paying $6,538 for a 6.6 kW system and around $4,000 for a solar hot water system. With the $1,400 solar rebate and the discount for the hot water system (which should come in at around $910), Robins saves about 22% from his original bill of $10,538.
What are some other ways solar can help save me money?
Solar panels aren’t the only thing Victoria is dangling rebates and other tasty financial carrots on.
Feed-in tariffs (FiTs) are another way solar systems can put some money in the kitty. This time, instead of using your generated electricity, you sell it back to the grid. So if you have a whole heap of solar energy sitting there unused at your home, you can sell it back into the main grid during peak hours.
While your retailer sets their own FiTS, the Essential Services Commission decides the minimum FiT price each financial year. For 2025–26, the flat rate minimum is 0.04 cents per kWh, while time-varying minimums are peaking at 6.57 cents and dropping to 0.0 cents per kWh during the day. These FiT rates have declined in recent years because of the increase in solar across Australia. You see, FiTs weren’t introduced as a permanent fixture on your bills, but to help make the switch to solar more appealing. So with an increase in homes making the switch, these rates have dropped as a result.
But that doesn’t mean solar isn’t worth it. Using most of your solar power during daylight hours (self-consumption) is still the tried and true method to get the most bang for your solar buck.
Helpful tip

When it comes to solar panels, bigger might seem better, but it might not always be the best choice for each individual home. If your home doesn’t use too much electricity during the day, a smaller system could be a better way to get more out of our solar panels (and give you a quicker payback period, too). Pair it with some quick investments like insulation and LED lights, and you’ll have a solar-powered energy-efficient home that helps lower your electricity usage.
That’s not to say a rooftop full of panels isn’t a bad thing. It can just mean higher up-front costs and a longer payback period, especially when you take into account dropping FiTs and reduced or changing rebates across the country. So, before you make a decision on your solar panels, make sure to consult an accredited retailer to check that your panels and home usage all match up.
Julia Paszka
General Manager – Utilities & Credit Cards
Where can I find and compare energy plans?
Self-consumption and solar incentives are just the corner part of the puzzle when it comes to making the most of your solar system. A different electricity plan can also help you put the pieces together. Whether this means finding a plan with a higher FiT or better-value rates for when you do need to use the grid, your electricity plan should be all about supporting your solar setup. So, if it’s time to shine a light on your electricity plan options, iSelect can help. We make it simple to compare a range of electricity plans from different providers. All you need to do is use our online comparison tool or call one of our energy comparison experts on 1800 664 532.
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