Timetosave Offers $1850 Solar Rebate for Victorian Homes Under VIC Solar Homes Program


Posted June 3, 2024 by timetosave

Reduce your power bills with our quality solar systems. Installing a solar system in your household under Solar Rebate in Victoria is the first step towards energy independence.

 
The Time To Save Residential Solar Systems in Victoria

We here at Time To Save provide tailored solar power solutions to our customers. Tap into the power of solar to reduce your energy bills and reduce your carbon footprint. Time To Save facilitate your switch to solar energy seamlessly and efficiently.

The Victorian government offers rebates of up to $1,850, or 50% of the total cost (whichever is lowest), of newly installed solar energy systems for residential and rental properties. This is done under the Solar Rebate in Victoria.

If you are looking for a great way to save on your electricity bills, then you should be looking to invest in solar energy. Right now, with Time To Save, you have a chance to install a solar panel system for half the price, and pay the rest of the cost back over four years with an interest-free loan.
The scheme is designed to help Victorians deal with the constantly rising, high electricity bills and cut carbon emissions. Switching to a solar energy system can help to cut carbon emissions by almost 4 million tonnes – that’s the same as taking 4.6 million cars off the road! The solar energy system will also contribute to Victoria State government’s target of achieving 40% renewable energy by 2025.

Successful applicants – those who fulfil the eligibility criteria, can get up to 50% off your solar panel installation cost, topped at $1,888. For those also want solar battery storage, you are likely to get up to $4,838, or 50% off. However, you are eligible for only one of the two rebates.


Government Subsidies & Rebates

The Solar Homes Program from the Victorian government is an incentive scheme put in place in order to help Victorians save on their energy bills, reduce their climate impact and contribute towards a cleaner, more renewable future.

More than 250,000 Australians have now applied for a Solar Victoria rebate. Making the switch to solar energy can save over $1,000 p.a. on electricity bills. The the Solar Panel rebate, from the VIC government, solar panel rebates of up to $1,400 are available to existing homes, homes under construction and rental properties. Furthermore, Victorians can also be eligible for interest-free loans for an amount equivalent to their rebate amount.
Who is eligible?

As a Victorian householder, you could receive a solar panel (PV) rebate if you meet the following criteria:

— You are the owner-occupier of an existing property or the owner of a home under construction where the system is to be installed.
— The combined household taxable income of all owners is less than $210,000 per year
— The property is valued at under $3 million, or a home under construction that will be valued at under $3 million at the time of completion.
— The property address has not previously received a solar panel (PV) rebate under the Solar Homes Program
the property has not had a solar panel (PV) system installed in the last ten years*

*If you are participating in the Premium Feed-in Tariff scheme, you should consider whether you will be better off if you replace your existing system before the scheme ends in November 2024.
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Issued By Timetosave Pty Ltd
Phone 03 9021 2525
Business Address Unit 10, 7-17 Geddes Street, Mulgrave, VIC, 3170
Country Australia
Categories Energy , News
Last Updated June 3, 2024