Solar Incentives for Victoria

Victoria has its own state program, the second round of its Solar Program started July 1, 2019. It is defined as a subsidy, rather than a ‘rebate.’ This is a state level scheme, the value of this incentive is ‘up to’ a value of $2,225 or 50% of the price of the system you are getting installed. This is roughly currently half the value of a 4kW panel system.

A number of criteria must be met, this includes

  • Your home must be valued at under $3 million AUD
  • You must have a combined household income of under $180,000
  • No Existing Solar PV System
  • Contact Tesla Electrical and Solar today to gain more information about what this incentive means for you.

Couple look at bills rebate financial incentive

Can I also Gain the Federal Rebate?

Yes – the federal rebate is as follows.

Small-Scale Technology Certificates (STC’s) and Feed-in Tariffs (FiTs.) These Incentives are designed to helped save over the life of your Solar System. Now the differences and eligibility can vary.

Small-Scale Technology Certificates (STC’s)

Any renewable energy, including Solar, Wind, Hydro or other, the federal government provides STC’s relative to the energy output over the life of the generator. These certificates are generally sold for $28 each, serving as a form of rebate. This system rewards sunnier areas, with larger systems. The spot price for STC’s can be found here. STC’s will be sold once they are validated through the REC Registry and can be sold on the open market or the STC clearing house. While this can get complicated, a registered agent can organise the sale on your behalf.

How are STC’s calculated?

  • Total size of your system
  • Number of years remaining until the rebate scheme ends
  • The rating of the Solar zone you plan to install the system in (See diagram)

Looking for an estimate? Use this tool.

By far the most common question we get, the federal scheme is dropping by one fifteenth every year from Jan 2017 until it drops to zero in 2031. The value of this rebate can however change, as the price of STC’s varies.

Feed in Tariffs

Your electricity retailer will pay you with a small deduction on your bill for each (kWh) of electricity you provide back. This will be in the range of 10 cents per kW hour. Ask your energy company to find our what your rate could be or compare the rates using tools like this.

How much can incentives save you?

The amount that an incentive can save depends on the time of install, the price of STC’s, the system and many other variables. At the moment, the value of an STC is $39. But situations can arise where the value is pushed down. To check your post code, to understand how the incentive could impact you, or whether now is a good time to invest, contact Tesla Electrical & Solar directly for a free quote.

What are our clients saying?

Julian Staveley
Julian Staveley
I've worked for soooo many solar companies throughout the years and when it came to doing a solar system on my property I knew what to be looking for. I worked out a deal with Clayton to give him a hand on my system to make it a little bit cheaper and so I could make sure that none of those dirty shortcuts sales companies use to make jobs quicker and substandard were not going to happen on my system. I was suprised and even learned a few things off Clayton and his team that improved the system beyond my experience. I HIGHLY RECOMMEND THAT IF YOUR ARE GOING TO GET ROOFTOP SOLAR GO STRAIGHT THROUGH AN ELECTRICIAN!!! Clayton's the man for any job.
Amanda Sztrajt
Amanda Sztrajt
Came out on short notice and fixed an ongoing problem that was not sorted out by the last electrician. Very happy with the work and price.
Lauren McGloin
Lauren McGloin
Teslar were great at explaining the process for the solar rebates, our best options for a two storey house and helped us along the way with the application process. The installation was done professionally with care and timeliness. Especially while our young family was home there. Thankyou for a great job
Malcolm Eames
Malcolm Eames
Clayton did a very professional job with the installation of solar to our property. He advised us as to which system was best for our location and he carried out the work in an efficient and professional manner. He also made himself available after the installation to answer any queries that we may have had. I would have no hesitation in recommending him for future installations. Since installing our solar his has provided solar to both my sisters premises.
Ross Fuller
Ross Fuller
Was very friendly and professional. Arrived on time and was thorough.
Ben Caneva
Ben Caneva
Clayton was brilliant in getting our job done. Professional, friendly and exceptional quality of work. Would highly recommend Tesla to anyone looking for Electrical work. Thankyou
Alex Lankmiler
Alex Lankmiler
Great service!
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