BREAKING NEWS. $8800 INTEREST FREE BATTERY LOANS NOW AVAILABLE. CHECK YOUR ELIGIBILITY TODAY.
Secure your $8800 interest free loan today with Australia’s largest installer of Solar Batteries.
BREAKING NEWS. Solar Victoria $8800 Interest Free Battery Loans Are Now Available. Secure Your $8800 Interest Free Loan Today.
Who is eligible?
The great news is, those customers who were previously ineligible for the Solar Victoria Battery Rebate due to previously obtaining a solar rebate, will now be eligible for the Solar Victoria $8800 interest free loan. This is a very significant advancement of the Battery Program which will unlock Solar Batteries for thousands of households across the state.
What is the eligibility criteria?
To be able to apply for the $8800 interest free Battery Loan, you must meet the following eligibility criteria.
- You are the owner-occupier of an existing property where the battery system will be installed.
- The combined household taxable income of all owners is less than $180,000 per year
- The property is valued at under $3 million
- The property address has not previously received a solar battery rebate. PLEASE NOTE: Households who have previously received a solar rebate or hot water rebate are now eligible to also apply for the $8800 Interest Free Battery Loan.
- The property has a solar panel system with an inverter capacity of equal to or greater than 5kW, or will have one installed in conjunction with the solar battery installation.
With electricity prices increasing by anywhere up to 27% on July the 1st, 2023, there has never been a time to consider adding a solar battery to your existing solar system, or installing a complete solar & battery system package.
How many $8800 interest free loans are available?
A total of 4,500 $8800 interest free loans are available, provided on a first come first served basis.
The Victorian Solar Battery Rebate Program has now been replaced with the Solar Battery $8800 Interest Free Loan Program.
The Victorian Solar Battery Rebate Program now covers every Victorian postcode originally slated to finish 30 June 2021 – As Australia’s largest installer of home solar batteries with over 10,000 installed, including the very first Tesla Powerwall installation in Australia, Natural Solar is perfectly positioned to provide you with a great home battery solution coupled with the Victorian Solar Battery Rebate of $2950. Take advantage of this generous solar battery rebate today. Natural Solar aims to support your pre-approval by checking your eligibility and processing your $2950 battery rebate.
Accelerate your savings alongside the generous Solar Victoria $2950 Battery Rebate with the recently launched Tesla Energy Plan now available in Victoria!
Up to 720,000 Victorian households could receive half-price solar batteries, solar hot water systems and solar panels, as part of the Labour Government’s new $1.34 billion initiative.
Interest-free loans are not available under the solar battery rebate.
How much will I save?
Eligible homeowners will save up to $2,950 upfront on new battery storage units, and an additional $640/year on electricity bills. Homeowners will get a rebate of 50% of their solar battery unit (capped at $2,950), reducing to regularly unitl 2026.
Households could be eligible to receive a rebate of 50% (capped at $1,850) for eligible Solar PV Systems or 50% (capped at $1,000) for solar hot water systems. *Rebates are available for system installed from 19 August 2018.
Original information sourced from https://www.abc.net.au/news/2018-09-10/vic-govt-pledges-solar-battery-subsidy-for-households/10223550
Am I eligible?
Owner-occupied householdswith a combined household taxable incomeless than $180,000 a year will be eligible for this subsidy, with a maximum home value of $3 million. Only one rebate is eligible per household. Households with already installed solar pv system will be eligible for a rebate on solar battery systems.
Prior to the 17th of November 2020, the Victorian Solar Battery Rebate was only available to a limited number of postcodes scattered throughout Victoria. As of the 17th of November, the Victorian Solar Battery Rebate Program of $2,950 has been widened to include all of Victoria. This is great news for Victorian households to install a home solar battery to reduce their electricity costs and utilise their own clean, green solar power.
How many solar homes can partake in the scheme?
720,000 households to install rooftop solar PV and help reduce their electricity bills over the next 10 years.
To ensure the safe installation of solar panels the solar homes program will also support workforce development, training and accreditation of electricians who will install the solar panels.
For many Victoria (VIC) residents who are considering installing a battery to their home for efficient energy storage and looking for clean and affordable energy, government subsidies and solar battery rebates are a great interest. Whilst solar rebates in VIC have long since been a priority for the Government, the move to smart battery programs to eligible Victorian households is a new frontier for renewables in Australia.
By adding a solar battery to your home, not only will you have the opportunity to save money on your household or business energy bills, but you will also support the Clean Energy Council throughu clean energy and improve energy security for your entire community by storing power produced by solar panels and being less reliant on the grid to draw your power.
A further $11 million is budgeted for training and accrediting electricians to facilitate NSW’s plan on renewable infrastructure, to ensure the scheme is rolled out under the highest safety standards. Over 13,000 jobs will be created as part of Labour’s solar plan.