Rebates & Savings

Rebates & Savings

What rebates are available?

There are a range of rebates on offer when installing energy efficient upgrades in your home or business.

There are different rebates for homeowners, rental providers, strata properties, and businesses. Most rebates have eligibility criteria that must be met. Criteria can include things such as:

  • Product being installed
  • Property type (e.g. standalone house, apartment, unit, townhouse, business)
  • Geographic location of installation (Where in the the state or country)
  • Value of your property
  • Taxable income of all owners or tenants
  • Age and/or type of products being replaced

 

See the table below for an overview of the rebates on offer. Continue reading for more information on specific rebates and links government rebate program websites.

Australian Government
Solar Victoria
Victorian Energy Upgrades

STCs

Solar Victoria*

VEECs

Solar PV

N/A

Battery

N/A

N/A

Split Systems

N/A

N/A

Hot Water

Induction Cooktops

N/A

N/A

EV Chargers

N/A

N/A

N/A

Insulation

N/A

N/A

N/A

Draught Proofing

N/A

N/A

Home Energy Assessments

N/A

N/A

‡For eligible households and businesses

*For eligible Victorian households. Application required.

†For eligible Victorian households and businesses

Federal Government

STCs

When you install an eligible renewable energy system, you earn a certain number of STCs under the Small-scale Renewable Energy Scheme (SRES). These are available to households and businesses.

  • Variable rebates on a range energy upgrades, including:
    • Solar PV
    • Battery storage
    • Heat pump hot water systems
  • The price of STCs changes according to market conditions.
  • Your rebate varies depending on several factors, including the location and size of the system and the price of STCs at the time of installation.

Find out more at Small-scale Renewable Energy Scheme (cer.gov.au)

State Government

Solar Victoria

Solar Victoria have a range of rebates available depending on the product and property type.

Victorian Energy Upgrades

Victorian Energy Upgrades (VEU) is an energy efficiency program delivered by the State Government. The program provides  discounts on energy-saving products and services, such as:

•  split systems
•  hot water systems
•  induction cooktops
•  draught proofing
•  home energy assessments

These discounts are provided through the generation of Victorian Energy Efficiency Certificates (VEECs). Each certificate represents one tonne of greenhouse gas prevented from entering our atmosphere.

The discount for households varies depending on the market activity and certificate price. Eligibility criteria applies.

VEU website (energy.vic.gov.au)

'Best offer' energy plans

The Victorian Government has a rule that energy companies must tell you how much you could save by switching to the best energy plan they offer. You’ll see ‘best offer’ information on your electricity and gas bills at least once every four months.

The Victorian Government has created Victorian Energy Compare, a free, independent and easy to use energy price comparison website that allows you to find the cheapest electricity or gas plan for your household or small business.

Victorian Energy Compare makes it easy to compare and find your best energy offer. All you need to do is answer a few simple questions about your energy usage, and the website will show you the best available offers based on your energy needs.

Try for yourself at Victorian Energy Compare (energy.vic.gov.au)