July 8, 2024

Victoria Invests $4M to Boost Residential Solar

The Victorian government is investing over $4 million in residential solar, offering new grants for solar panels and electric hot water systems. This initiative is designed to accelerate the state’s transition to all-electric homes, following its ban on gas connections for new builds.

Solar Victoria Launches Residential Solar Grants for 50 Homes

Solar Victoria, the agency managing the government’s grants program, announced the scheme will offer rebates directly to organizations. This approach enables the bulk installation of rooftop solar and electric hot water systems in batches of at least 50 homes.

To be eligible, providers must be installing solar and/or electric hot water systems in 50 or more new or existing homes. Solar Victoria requires proof of completed installations before funds are allocated. The individual rebates—up to $1,400 for solar and $1,000 for hot water systems—must be passed on directly to the homeowners.

Grants Program to Accelerate Shift to All-Electric Homes

Victorian Energy Minister, Lily D’Ambrosio, said the program is designed to speed up the shift to all-electric homes. This move comes after the state’s recent mandate requiring all new dwellings, apartments, and residential subdivisions with a planning permit to connect to all-electric networks.

“The Residential Electrification Grants program aims to expand solar adoption by extending its reach and scope, promoting innovative use of solar energy,” said D’Ambrosio.

Approved Providers Begin Rollout of Solar Installations

One of the approved providers is Victoria-based Global Energy Solutions, which will supply and install rooftop PV and electric hot water systems in a new 100-block subdivision in the Latrobe Valley town of Moe.

Other successful applicants include UPowr, a solar and battery provider integrating solar panel installations into the construction of all-electric homes in Melbourne. AusNet, a Victorian network operator, is also participating, aiming to upgrade gas appliances and install solar PV systems for vulnerable customers.

Solar Victoria reported that the Residential Electrification Grants program received 40 expressions of interest from organizations, totaling $39 million in funding requests. This strong demand for the investment underscores the Victorian government’s commitment to a sustainable and energy-efficient future by promoting residential solar and supporting the transition to all-electric homes.

Disclaimer: The information published here is aggregated from publicly available sources. PVknowhow.com does not guarantee the accuracy, completeness, or timeliness of the content. If you identify any incorrect or misleading information, please contact us so we can review and, if necessary, correct it.

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