This package will build a fairer and more affordable energy system, delivering programs that provide immediate energy savings to households and small businesses, and playing a key role in the state’s transition to a clean energy future.
With a focus on supporting low income and vulnerable households, and increasing accessibility, the budget will accelerate the Solar Homes Program to meet surging demand from owner-occupier households and support the economic recovery of Victorian small businesses.
This major investment will deliver the following:
- Solar photovoltaics (PV) rebates to be brought forward, bringing the total number of rebates to 65,000 for this year, and 140,000 over the next two years
- 17,500 solar battery rebates over three years and the removal of postcode eligibility requirements. 5,000 battery rebates will be available in 2020-21, with rebates released fortnightly in line with the current schedule of rebate release dates
- efficient, lower-cost heating and cooling for 250,000 low-income and vulnerable households
- 15,000 solar PV rebates for Victorian small businesses over the next three years.
Solar Homes Budget Expansion
Launched in August 2018, the $1.3 billion, 10-year Solar Homes Program provides rebates and interest-free loans to help 778,500 Victorian households reduce the upfront costs of installing a solar PV, hot water or battery system at home.
The Victorian Government’s 2020-21 Victorian State Budget commitment to expand the Solar Homes program will help meet a surge in demand and accelerate access to solar energy for more Victorians, providing immediate savings and environmental benefits whilst maintaining quality and safety.
The package will also support the economic recovery of Victorian small businesses, create jobs within the solar industry, and improve the living standards of vulnerable households - ensuring that no Victorians are left behind in the state’s energy transition.