Solar Victoria Rebates & Loans
The following rebates may be available to eligible customers under the Victorian Solar Homes program. *Eligibility criteria applies
- Solar panel PV rebate ($1,400) and optional interest free loan ($1,400) for existing homes, homes under construction and rental properties
- Interest free solar battery loan (up to $8,000)
- Hot Water rebate ($1,000)
Sleeth Electrical Pty Ltd will guide you through the whole process applying for applicable rebates through Solar Victoria.
As listed above, you have the option to take out a 4-year interest free loan on solar panel (PV) or battery installations. This means that you will have lower upfront costs making it more affordable to begin the installation. Make the repayments over 4 years or opt for a lump sump payment. *Eligibility criteria applies
We, Sleeth Electrical Pty Ltd have partnered with Zip Pay if you require additional finance options with 0% interest *subject to loan amount. This may also be suitable for those who may not be eligible for the Solar Victoria rebate but wish to lower their upfront costs.
Eligibility requirements
- if you are the owner-occupier of an existing property or the owner of a home under construction where the solar panel system will be installed.
- The combined household taxable income of all owners must be less than $210,000 per year.
- The property’s valuation should be under $3 million, or if it’s a home under construction, it should be valued at under $3 million upon completion.
- The property address must not have previously received a solar panel (PV) rebate under the Solar Homes Program.
- Additionally, the property should not have had a solar panel (PV) system installed in the last ten years.
You can view the Solar Victoria website for more information or contact us for more assistance.
As our customers, we ensure a seamless process. We handle paperwork, approvals with energy distributors (e.g United Energy, Ausnet, Powercor or CitiPower), and notify your energy retailer about the solar installation on your property.
Government Rebates
STC Rebates (Federal Government)
STC – Small Scale Technology Certificate
STCs are a type of currency that you can earn by installing renewable energy systems (such as solar panels, hot water systems, heat pumps and air-conditioners) that meet certain criteria.
The Federal Government runs the Small-scale Renewable Energy Scheme (SRES), enabling you to claim a specific number of STCs when you install an eligible system.
The Federal Government offers a rebate (STC – Small scale technology certificates) to all customers, this is not subject to customers meeting any criteria. Your total system cost will automatically decrease, resulting in a lower upfront cost.
The STC rebate is available on the following installations:
- Solar PV Systems
- Hot water or Heat pump installations
- Air-conditioner installations (replacing old air conditioners, ducted heating, gas heating etc)
VEECs Rebates (Victorian Government)
VEEC – Victorian Energy Efficient Certificate
Victorian Energy Efficiency Certificates (VEECs) are digital certificates generated under the Victorian Energy Upgrades (VEU) program. We produce these certificates when we carry out specific energy-efficient activities in residential or non-residential premises. Each VEECs represents a reduction of one tonne of greenhouse gas emissions (CO2e). Energy retailers purchase these certificates to fulfil their annual obligations under the program. The VEECs play a crucial role in helping the Victorian Government achieve its target of reducing the greenhouse gas emissions from households.
Depending on the size and type of heating or cooling system you are replacing will determine how many VEEC credits you receive as part of the rebate program.
The VEEC’s rebate is only available on the following:
- Electric or gas hot water system replacements
- Heating or cooling system replacements (from old air conditioners, ducted heating, gas heating etc).