Move will drive down energy bills, minister says, helping state cut 50% of emissions by 2030
Almost 190,000 Victorians who have accessed a $1,400 rebate to install solar panels will be able to access a 50% rebate of up to $1,000 to have solar hot water installed.Almost 190,000 Victorians who have accessed a $1,400 rebate to install solar panels will be able to access a 50% rebate of up to $1,000 to have solar hot water installed.Victorian households will be able to access rebates for both solar panels and a solar hot water system under an expansion of the state government’s scheme.
The change to the $1.3bn solar homes program, announced by the Andrews government on Tuesday, means Victorians who have not previously claimed any solar rebates will be eligible for $2,400 cash back. Households are also eligible for a $1,400 interest-free loan that the government estimates slashes up to $3,800 from upfront installation costs.
“We’re putting power back into the hands of Victorian homes and businesses – driving down energy costs and boosting supply, while creating 5,500 jobs,” she said. Businesses will also become eligible for interest-free loans of between $1,000 and $5,000 to reduce upfront costs for solar installation.
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