The Victorian Solar Rebate in 2021
Initially launched in August of 2018, the Victorian Solar Homes Program has seen overwhelming success in getting solar onto Victorian roofs while saving people money. The program was initially set up to help just under 780,000 homes install solar panels, battery systems or solar hot water systems through interest free loans and rebates.
Solar Victoria regularly releases reports detailing monthly installation figures as can be seen here for December of 2020. If we take a look at the numbers in this easy to understand infographic it becomes clear that this initiative is working and real people are saving real money and that it is having a marked impact on the industry as we see solar flourish across Australia.
Since its start the program has seen over 132,000 applications approved with 6,114 coming just in December. Of these applications approved 116,393 installations have been completed in total with 6,602 being finished in December. The ratio of applications approved to installations finished demonstrates that not only are people serious about making the change but they also view the rebates and loans on offer to be of great value.
In fact we can see that the program has paid out $230 million since its inception to Victorian residents with plans to expand these offerings to small businesses in the near future. The program has seen 113,971 solar panel systems installed since 2018 with 1,049 solar hot water systems and 1,373 solar battery systems also being installed across the same timespan. They also list the top 10 solar adopting suburbs across Victoria:
- Clyde North
- Point Cook
- Wyndham Vale
- Cranbourne East