If you live in Gippsland, investing in solar power is worth it mainly because the area typically receives 6 to 7 peak hours of sun during summer. This means that residents with a solar panel system can gather a significant amount of solar energy, which they can then convert into free electricity.
People living in Victoria will find that spending money on solar panels installation is highly beneficial, especially for those in the sunny northern parts. Another reason to invest in solar panels is that they can generate power for up to 25 years.
In this post, we’ll discuss the cost of installing solar panels in Gippsland and the rebates for installers in Victoria.
How Much Does It Cost to Install Solar Panels in Gippsland?
The average cost of a standard 6.6kW solar panel system in Gippsland is approximately $5,300. This amount will include the regular rebates except for the state rebate.
However, people who are eligible to sign up for the solar rebate in Victoria can get an additional $1,400 refund on their installation expenses.
What Are the Rebates for Solar in Victoria?
The state of Victoria provides rebates for people who own solar panels (PV) and solar batteries.
Solar Panel (PV) Rebate
If you are looking to install a solar panel (PV) system, you may be eligible for a rebate of up to $1,400 for your installation. This is applicable for homeowners with existing homes as well as homes that are still being constructed and rental properties. These rebates are released on a monthly basis according to the government’s schedule of rebate release dates.
Interest Free Loans for Solar
To further reduce costs for homeowners and businesses installing solar panels, an interest-free loan is available. The amount for their loan will be equivalent to the rebate amount they will receive. Applicants can repay the loan in 4 years or settle it sooner in a lump sum arrangement.
Solar Battery Rebate
Victorian households that have decided to install a solar battery can obtain a point-of-sale discount that can reach as much as $2,950 if they are deemed eligible. These solar battery rebates are available for all individuals residing in the state. The rebate can be claimed based on a scheduled release date that takes place each month.
Solar battery rebate applicants can arrange to get solar PV panels installed with their batteries at the same time. However, it’s important to note that they can only take advantage of a single rebate. There are also no interest-free loans available for those planning to purchase solar batteries.
To be eligible to be included in the solar battery rebate, all products and providers need to meet the standards set forth by Energy Safe Victoria, Clean Energy Council, and other related authorities.
