{"id":45119,"date":"2020-11-25T05:17:45","date_gmt":"2020-11-24T18:47:45","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=45119"},"modified":"2020-11-25T05:17:45","modified_gmt":"2020-11-24T18:47:45","slug":"victoria-budget-renewables-mb1774","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/victoria-budget-renewables-mb1774\/","title":{"rendered":"Victoria’s Budget: Energy Efficiency, Renewable Energy And EVs\u00a0"},"content":{"rendered":"

\"Victoria<\/p>\n

$1.6 billion has been earmarked in Victoria’s Budget 2020\/21 for supporting renewables, related infrastructure, electric vehicles and energy efficiency initiatives.<\/p>\n

Here’s some of what the cash will be spent on:<\/p>\n

Renewable Energy Zones And VRET Auction<\/h2>\n

$682\u00a0million will go towards developing Renewable Energy Zones (REZs) in the state. REZs are areas where renewables can be concentrated to better coordinate investment in energy generation, storage and transmission, and act as a signal to investors as to where they’ll be able to establish projects.<\/p>\n

The $682 million includes cash to kick off planning for “at least” 600 megawatts of new capacity via another Victorian Renewable Energy Target auction.<\/p>\n

\u201cIt\u2019s a three-in-one investment \u2013 establishing Renewable Energy Zones will create local jobs, reduce power prices and advance our work to tackle climate change,” said<\/a> Minister for Energy, Environment and Climate Change Lily D\u2019Ambrosio.<\/p><\/blockquote>\n

Community Energy Projects<\/h2>\n

$21 million is being set aside for local clean energy projects such as microgrids, stand-alone power systems and community batteries. An additional $21 million will assist community groups with the installation of renewable energy systems, storage and energy efficiency improvements for community buildings, and also support the ResourceSmart Schools program.<\/p>\n

Energy Efficiency Upgrades<\/h2>\n

250,000 low income households and 35,000 social housing properties will benefit from a total of $448 million for energy efficiency upgrades – making life a bit more comfortable while slashing emissions and energy bills. This will include replacing old inefficient heaters with new energy-efficient systems and draught-proofing.<\/p>\n

Solar Homes Expansion<\/h2>\n

As previously reported<\/a>, $191\u00a0million will be spent to expand the Solar Homes program (aka Victoria’s solar rebate), including bringing forward 42,000 additional solar rebates for households. Additionally, 15,000 solar rebates will be available to small businesses for the first time.<\/p>\n

Victoria’s solar panel rebate<\/a> has been hugely popular, if somewhat problematic at times.<\/p>\n

“More than 100,000 households have now installed half-priced power stations on their roof at no upfront cost through the Government\u2019s Solar Homes program,” states a budget press release.<\/p><\/blockquote>\n

As generous as the scheme is, the claimed “no upfront cost” is incorrect<\/a> as SQ’s Ronald recently pointed out.<\/p>\n

In relation to home batteries<\/a>, rebates have been limited to specific postcodes to this point, but soon eligible households across the state will be able to apply for the subsidy<\/span> and 17,500 battery rebates will be released over the next three years.<\/p>\n

The Solar Homes expansion and the energy efficiency upgrades are part of an overall $797 million household energy efficiency package that also includes a $14 million expansion of\u00a0 the Victorian Energy Upgrades program and a one-off $250 payment for eligible concession card holders.<\/p>\n

EV Fast-Charging Network<\/h2>\n

A very welcome $25 million will be spent on the rollout of a fast-charging network for electric vehicles on major highways and at key tourist destinations in the state.<\/p>\n

On a related note, not so welcome is a recently proposed electric vehicle road usage tax<\/a>.<\/p>\n

Victorian Treasurer Jim Pallas said Budget 2020\/21 will drive the biggest growth in clean energy jobs that Victoria has ever seen.<\/p>\n

“It will help us work towards our State\u2019s goal of net zero emissions by 2050, because climate change is real and it needs immediate action,” he stated<\/a>. “This package will cut energy costs for Victorian businesses and households, create jobs and attract new investment.”<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

$1.6 billion has been earmarked in Victoria’s Budget 2020\/21 for supporting renewables, related infrastructure, electric vehicles and energy efficiency initiatives.<\/p>\n","protected":false},"author":17,"featured_media":45120,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[678],"tags":[],"class_list":["post-45119","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-battery-news","entry"],"acf":[],"yoast_head":"\nVictoria's Budget: Energy Efficiency, Renewable Energy And EVs<\/title>\n<meta name=\"description\" content=\"$1.6 billion in Victoria's Budget 2020\/21 will support 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The money will also support various benefit\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"a wind farm in the central-west","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/09\/central-west-windfarm.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/09\/central-west-windfarm.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/09\/central-west-windfarm.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/09\/central-west-windfarm.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/09\/central-west-windfarm.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":29980,"url":"https:\/\/www.solarquotes.com.au\/blog\/labor-rez-sa-mb1039\/","url_meta":{"origin":45119,"position":1},"title":"Labor’s Proposed Renewable Energy Zone For SA Announced","author":"Michael Bloch","date":"May 2, 2019","format":false,"excerpt":"A \"Renewable Energy Zone\" (REZ) will be established in South Australia under a Shorten Labor Government - and its location was revealed yesterday. Back in 2017 Labor announced its intention to establish a series of REZs, which were to be based on an area\u2019s renewable energy potential. The idea behind\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Renewable Energy Zone - REZ - South Australia","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/05\/renewable-energy-zone.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/05\/renewable-energy-zone.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/05\/renewable-energy-zone.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/05\/renewable-energy-zone.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/05\/renewable-energy-zone.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":13337,"url":"https:\/\/www.solarquotes.com.au\/blog\/council-community-renewables-victoria-mb0132\/","url_meta":{"origin":45119,"position":2},"title":"Victorian Community Power Hub Groups Announced","author":"Michael Bloch","date":"July 20, 2017","format":false,"excerpt":"Victoria's Minister for Energy, Environment and Climate Change has announced host organisations for pilot community power hubs, plus renewable energy and energy efficiency funding for resource-strapped regional councils. Lily D\u2019Ambrosio named Ballarat Renewable Energy and Zero Emissions (BREAZE) and Bendigo Sustainability Group (BSG) as the successful Community Power Hubs (CPH)\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Community Power Hubs - Victoria","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/07\/community-renewable-energy.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/07\/community-renewable-energy.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/07\/community-renewable-energy.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/07\/community-renewable-energy.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":16752,"url":"https:\/\/www.solarquotes.com.au\/blog\/victoria-renewables-auction-mb0303\/","url_meta":{"origin":45119,"position":3},"title":"650MW Renewables Reverse Auction Launches In Victoria","author":"Michael Bloch","date":"November 15, 2017","format":false,"excerpt":"The Victorian government's renewable energy reverse auction is expected to drive up to $1.3 billion in new investment in large-scale projects in the state. Minister for Energy, Environment and Climate Change Lily D\u2019Ambrosio kicked off the process yesterday. Companies with existing planning permits for projects can now start bidding for\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Victoria renewable energy auction","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/11\/victoria-renewables-auction.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/11\/victoria-renewables-auction.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/11\/victoria-renewables-auction.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/11\/victoria-renewables-auction.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":39997,"url":"https:\/\/www.solarquotes.com.au\/blog\/renewables-investment-victoria-1536\/","url_meta":{"origin":45119,"position":4},"title":"Another $15.3 Million For Renewables And Energy Efficiency In Victoria","author":"Michael Bloch","date":"May 25, 2020","format":false,"excerpt":"Victoria's Minister for Energy, Environment and Climate Change and Solar Homes Lily D\u2019Ambrosio has unveiled a new package of renewable investments and regional renewable energy roadmaps. Designed to build on the state's popular Solar Homes rebate initiative, the new $15.3 million investment package consists of: $10.3 million for energy efficiency\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Renewable energy in Victoria","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/05\/renewables-investment-victoria.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/05\/renewables-investment-victoria.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/05\/renewables-investment-victoria.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/05\/renewables-investment-victoria.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/05\/renewables-investment-victoria.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":77118,"url":"https:\/\/www.solarquotes.com.au\/blog\/grid-batteries-aspley-muswellbrook\/","url_meta":{"origin":45119,"position":5},"title":"Tesla Megapacks Included in NSW’s Latest Giant Battery Approvals","author":"Richard Chirgwin","date":"July 20, 2023","format":false,"excerpt":"Two more grid-scale battery projects have been approved in NSW renewable energy zones. Apsley: The New Home to a 120 MW \/ 240 MWh Battery First, Apsley, a Central West NSW town where Transgrid will build a 120 MW \/ 240 MWh battery on a 6-hectare site. Apsley is a\u2026","rel":"","context":"In "Battery Storage"","block_context":{"text":"Battery Storage","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/battery-storage\/"},"img":{"alt_text":"close up of a Tesla Megapack","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/07\/tesla-megapack-close.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/07\/tesla-megapack-close.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/07\/tesla-megapack-close.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/07\/tesla-megapack-close.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2023\/07\/tesla-megapack-close.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/45119","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/comments?post=45119"}],"version-history":[{"count":2,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/45119\/revisions"}],"predecessor-version":[{"id":45122,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/45119\/revisions\/45122"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media\/45120"}],"wp:attachment":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media?parent=45119"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/categories?post=45119"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/tags?post=45119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}