{"id":52512,"date":"2021-08-02T06:13:51","date_gmt":"2021-08-01T19:43:51","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=52512"},"modified":"2021-08-02T06:13:51","modified_gmt":"2021-08-01T19:43:51","slug":"vic-business-solar-mb2098","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/vic-business-solar-mb2098\/","title":{"rendered":"Victorian Solar For Business Rebate Update"},"content":{"rendered":"

\"Victorian<\/p>\n

Solar Victoria seems pretty pleased with response to its Solar for Business rebate (subsidy) program.<\/p>\n

While called a rebate, it’s actually an up-front subsidy covering 50 per cent of the cost of installing a rooftop solar system up to a maximum subsidy value of $3,500 currently.<\/p>\n

The incentive is available to owners of businesses operating from non-residential, individually metered premises that employ at least one person other than the owner, and less than 20 people. As well as businesses that own their premises, those that lease are eligible to apply if they provide a completed Landlord and Tenant Consent Form.<\/p>\n

Originally announced in March<\/a>, applications for the program opened in late May<\/a>.<\/p>\n

“In just two months, 711 applications have been submitted, with 559 of those approved so far (as at 26 July),” stated Solar Victoria in an update last week. “We\u2019ve also seen a whopping 234 installations completed \u2013 all helping bring down energy bills for small businesses.”<\/p><\/blockquote>\n

Payback on small commercial solar<\/a> can be very rapid in Victoria. For example, depending on installation scenario and electricity consumption profile, a 10kW system<\/a> installed in Melbourne can have a simple payback of just 3 years, 4 months. You can use SQ’s solar calculator<\/a> to get a payback estimation for your circumstances and various system sizes – just remember to subtract the subsidy (whatever it would be) from the system price field.<\/p>\n

Business keen to get a slice of the subsidy action should bear in mind the maximum value of the rebate will remain at $3,500 until all 5,000 subsidies in this phase have been fully\u202fallocated. After that point the maximum value will be reduced by half to $1,750.<\/p>\n

Further information is available here<\/a>.<\/p>\n

Solar Homes Program Statistics.<\/h2>\n

The Solar for Business subsidy is just one of the incentives on offer from the Victorian Government\u00a0 under the Solar Homes program in addition to the national “solar rebate<\/a>“. There’s also:<\/p>\n