
nsw & vic REBATES
Each Australian state offers unique solar rebates and incentives. NSW provides rebates for batteries as of 1st November 2024, while Victoria offers upfront rebates through its Solar Homes Program as well as interest free loans for both PV & batteries. Combining state and federal rebates can significantly reduce the cost of installing solar.

New South Wales (NSW)
As of November 1, 2024, the state will introduce a new battery rebate program for households with existing solar panels, encouraging energy storage adoption. This initiative aims to help residents manage energy more efficiently while supporting grid stability​
Upfront Rebate
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Amount: $1,600–$2,400 (based on battery size).
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Purpose: Reduces the initial cost, enabling households and businesses to store solar energy and rely less on grid power.
Eligibility & How to Apply
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Eligibility: Battery size between 2 kWh and 28 kWh, and installation by an Accredited Certificate Provider (ACP).
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Quotes & Installation: Obtain quotes factoring in the rebate, reducing upfront costs. Installation must meet safety standards
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Victoria (VIC)
Victoria offers robust solar incentives to encourage the adoption of renewable energy. The primary program is the Solar Homes Program, which includes various rebates and financial assistance for both heat pumps, solar panel and battery installations. Here’s a detailed look at what’s available:
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1. Solar Panel Rebates
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Rebate Amount: Eligible households can receive up to $1,400 off the installation of solar PV systems. This rebate helps reduce the upfront cost of going solar, making it more accessible for families and individuals.
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Eligibility: To qualify, applicants must own their home and have a household income below a specified threshold, which is updated annually. The program targets low- to moderate-income households to ensure broad participation​
2. Heat Pump Rebates
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Rebate Amount: Homeowners can receive rebates of up to $1,000 for the installation of heat pump water systems
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Eligibility: To qualify, the household must replace an existing hot water system with a heat pump. This rebate is aimed at increasing energy efficiency and reducing greenhouse gas emissions by transitioning to more sustainable water heating solutions.
3. Interest-Free Loans
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Amount: In addition to rebates, the program offers interest-free loans to cover the remaining installation costs after rebates are applied. This makes it easier for residents to finance their solar projects without incurring interest charges.
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Eligibility: Similar to the rebates, interest-free loans are available to households that qualify based on income and property ownership​
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4. Target Audience
The Solar Homes Program is designed to benefit a diverse range of households, especially those that may find it difficult to afford solar installations. The goal is to increase solar adoption across various demographics, promoting sustainability while reducing energy costs​
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5. Future Developments
The Victorian government is continually reviewing its energy policies and may expand existing programs or introduce new incentives to further encourage renewable energy adoption. Keeping an eye on future announcements is beneficial for residents looking to invest in solar technology.​