Rebates
Small-scale Renewable Energy Scheme (SRES)
The Small-scale Renewable Energy Scheme (SRES) represents a national effort by the Australian Government to promote investment in small-scale renewable energy installations. This program offers an upfront discount on the costs of eligible systems, such as rooftop solar photovoltaic (PV) systems, solar water heaters, and air-sourced heat pumps, benefiting both households and businesses. Under the SRES, the discount is made possible through Small-scale Technology Certificates (STCs). When an eligible system is installed, STCs are produced, which reflect the expected future energy output of the system until 2030. The monetary value of these STCs is generally incorporated into your quote by the solar retailer as a direct reduction in the system’s purchase price. It is essential to recognize that the SRES operates separately from Victorian state-based rebate programs and can be combined with them to maximize financial benefits. Moreover, this scheme is not usually means-tested, meaning STCs are typically available to all individuals and entities installing an eligible system, regardless of their income level. For hot water systems, the rebate is calculated as 50% of the purchase price, with a maximum limit of $1,000. This rebate is applied after accounting for any other discounts, including those from Small-scale Technology Certificates and Victorian Energy Efficiency Certificates (VEECs)
.Cheaper Home Batteries Program (Commencing July 1, 2025)
The Australian Government’s Cheaper Home Batteries Program is set to launch on July 1, 2025, and will be executed through the existing Small-scale Renewable Energy Scheme (SRES). This initiative presents a federal rebate for batteries aimed at significantly decreasing the initial cost of installing home battery storage systems by approximately 30%. In essence, this Program signifies an extension of the well-established SRES. By integrating battery storage with solar PV within this effective framework, the program aspires to hasten the adoption of battery technology, paralleling the SRES’s success in making solar panels more affordable for Australian households and businesses
Victorian Energy Upgrades (VEU) Program
The Victorian Energy Upgrades (VEU) program represents a crucial initiative from the Victorian State Government, aimed at boosting energy efficiency in homes and businesses alike. In this program, when eligible energy-efficient upgrades are executed, accredited providers create Victorian Energy Efficiency Certificates (VEECs). Each VEEC corresponds to a reduction of one tonne of greenhouse gas emissions (CO2-e), with the number of certificates produced being directly proportional to the greenhouse gas savings realised by the specific product or service. The VEU program covers a broad spectrum of energy-efficient upgrades, including:
• LED lighting
• Energy-efficient heating and cooling systems, such as reverse cycle air conditioners and heat pump hot water systems
• Hot water systems
• Insulation
• Refrigeration
• Customised upgrades for businesses
Solar Victoria
Solar Victoria represents a significant initiative by the Victorian State Government, aimed at providing financial incentives to promote the adoption of renewable energy solutions throughout the state. This program includes a variety of rebates and interest-free loans for the installation of solar panels and solar hot water systems. Although it previously supported solar battery installations, this aspect has been recently revised. Solar Panels Households that meet the eligibility criteria can obtain a Solar Victoria solar panel rebate of up to $1,400. This rebate is intended to be combined with the federal Small-scale Technology Certificate (STC) discount. Generally, installers apply the STC discount at the outset, after which eligible participants can seek the Solar Victoria rebate. Additionally, participants may qualify for an interest-free loan,[ insert link here] effectively enhancing the initial financial assistance available. Solar Hot Water Solar Victoria provides rebates of up to $1,000 for qualifying heat pump and solar hot water systems. This can be paired with incentives from the Victorian Energy Upgrades (VEU) program and, where applicable, federal STCs, thus maximizing the total financial advantage for consumers. Solar Batteries Important Update (as of June 2025): Solar Victoria has recently ended its interest-free battery loan scheme (which had replaced its previous battery rebate). This change has been implemented in preparation for the new Federal Government Solar Battery Rebate, set to begin on July 1, 2025
Feed-in Tariffs (FiTs) under Victorian Regulatory Framework
In Victoria, the process for compensating customers for excess solar electricity exported to the grid is managed through Feed-in Tariffs (FiTs). Historically, the Essential Services Commission (ESC) has been the main authority responsible for establishing and regulating these tariffs. Within this framework, electricity retailers offer payment, generally as a credit on the customer’s electricity bill, for any surplus solar electricity generated by their systems and sent back to the grid. Previously, the ESC required retailers to adhere to minimum FiT rates. Nonetheless, a significant regulatory shift is forthcoming: As of July 1, 2025, the Essential Services Commission (ESC) will stop prescribing minimum feed-in tariff rates in Victoria. Consequently, electricity retailers will have more leeway in determining their FiT rates, provided these rates remain above zero.
Energy Efficiency in Social Housing Program (EESHP)
The Energy Efficiency in Social Housing Program (EESHP) is a vital initiative aimed at enhancing the energy performance and livability of social housing accommodations across Victoria. This program is a cooperative effort between the Victorian Government and the Australian Government, featuring a considerable joint investment of $209.4 million.
The EESHP is anticipated to deliver up to 45,000 individual energy efficiency upgrades, which include the complete electrification of 5,000 homes. To date, roughly 19,000 individual upgrades have been successfully completed as part of the program’s initial phase.
The central objective of the program is to reduce energy consumption and associated costs for residents, while also improving indoor comfort and fostering healthier living environments. These upgrades also contribute to a decrease in greenhouse gas emissions from the social housing sector. The aim is to lower energy bills and enhance the comfort and livability of social housing homes, directly benefiting vulnerable households.
Key Energy Efficiency Upgrade Activities:
A primary component of the EESHP involves replacing existing gas appliances with more energy-efficient electric alternatives. These upgrades include the installation of:
• Reverse cycle air conditioners for both heating and cooling
• Heat pump hot water systems
• Electric ovens and cooktops
Where possible, additional energy efficiency measures may also be implemented, such as:
• Draught and gap sealing to minimize energy loss
• Insulation upgrades for ceilings
• Removal of redundant gas connections
The scope and extent of energy efficiency upgrades undertaken will be determined by the specific characteristics and circumstances of each individual dwelling. These upgrades will be systematically rolled out to social housing properties, encompassing public, community, and Aboriginal housing, across all regions of Victoria with existing gas infrastructure.
Important Notice for Residents:
It is essential to emphasize that residents do not need to submit an application to take part in the EESHP. Instead, those living in qualifying properties will be contacted directly. This communication will generally consist of an introductory letter, followed by a phone call and an in-person meeting to officially confirm their enrolment in the program. Upgrades are frequently provided directly to eligible social housing tenants. These upgrades may include complimentary enhancements to appliances, insulation, and various energy-saving initiatives. However, residents who participate must consent to the removal of current gas appliances.
Summary for Energy Incentives (2025)
Program | Type | Max Amount / Benefit | Details |
Federal Solar Battery Rebate | Rebate | Up to ~$4,000 | Discount per usable kWh of battery storage |
Federal SRES | Upfront Savings | Approx. $2,500 for 6.6 kW system | Small-scale Technology Certificates reducing solar installation costs |
Federal Energy Bill Relief | Bill Rebate | $150 per household/business | Automatic $150 credit on electricity bills per household/business |
Victorian Energy Rebate | Rebate | $100 to $8,000 depending on upgrade | Incentives for energy-efficient appliances (heat pumps, air conditioners, heating) |
Solar Victoria Solar Panel Rebate | Rebate | Up to $1,400 (Resintial) & $ 3500 ( Business) | Upfront discount on solar PV installation |
Solar Victoria Battery Loan | Interest-free Loan | Up to $8,800 | Loan for battery storage systems (ended June 2025) |
Solar Victoria Hot Water Rebate | Rebate | Up to $1,000 | Discount on heat pump hot water systems |
Loans
Household Energy Upgrades Fund
The Household Energy Upgrades Fund is a notable initiative from the Australian Government, funded with $1 billion and overseen by the Clean Energy Finance Corporation (CEFC). This fund is specifically aimed at speeding up the retrofitting of homes in Australia, thereby enhancing their sustainability and energy efficiency. Its primary aim is to allow a wider range of households to cut down on their energy bills and reduce their carbon footprint. It is expected that the fund will help more than 110,000 households achieve significant reductions in their energy expenses, while also improving thermal comfort by ensuring that homes are warmer in winter and cooler in summer. Additionally, it plays an essential role in facilitating the nationwide transition to more sustainable and environmentally friendly housing. Financing obtained through this fund can be used for a variety of home improvements, such as:
• Comprehensive renovations aimed at enhancing energy performance
• Simultaneous energy upgrades that may involve one or multiple technologies
• Knock-down rebuild projects that incorporate energy-efficient designs
• The purchase of energy-efficient appliances
The Household Energy Upgrades Fund operates by collaborating with participating financial institutions, referred to as co-financiers, to provide discounted financial products. These products include:
• Green home loans
• Green personal loans
• Other low-cost financial products tailored for energy efficiency upgrades Households interested in utilizing this fund will apply for these discounted loans directly through the participating lenders to finance their energy upgrade projects.
Solar Victoria: Loan Offerings
Solar Victoria provides interest-free loan options for eligible participants, aiding the adoption of solar energy in residential properties, rental units, and businesses in Victoria.
Residential Properties
• Homeowners may be eligible for an interest-free loan of up to $1,400 as part of their rebate application. This loan does not require collateral.
• Repayments are structured on a monthly basis over a four-year duration, which is approximately $29.16 per month for a $1,400 loan.
• Payments start 30 days after the solar panel installation is approved.
Rental Properties
For rental properties, the loan eligibility is limited to two properties each financial year. These properties must comply with the standard solar panel rebate criteria, and a formal rental agreement is necessary between the landlord and tenants.Tenants have the option to voluntarily contribute to the loan repayments.
Businesses
Businesses qualify for an interest-free loan that covers up to 50% of the rooftop solar system’s cost, with a maximum of $3,500.
To qualify, the business must employ at least one person, operate from individually metered non-residential premises, and must not have previously received a Solar for Business rebate.
Important Note: Participants can opt to decline the loan and pay the balance upfront. If you choose to accept the loan, the approved amount will be processed together with the rebate payment and sent directly to the solar retailer.
Good Shepherd Australia New Zealand: No Interest Loans Scheme (NILS)
Good Shepherd Australia New Zealand administers the No Interest Loans Scheme (NILS), a program designed to provide individuals and families with low incomes access to safe, fair, and affordable credit for essential household expenses.
Through NILS, qualified applicants may borrow:
• Up to $2,000 for necessities including essential appliances, furniture, vehicle repairs, new computers or laptops, as well as medical, dental, and veterinary expenses.
• Up to $3,000 specifically for rental bonds on new properties or for recovery from natural disasters.
NILS is implemented through a strong network of over 175 local community organizations, functioning in more than 600 locations throughout Australia.
Upon successful application, funds are directly disbursed to the supplier or vendor upon the submission of a valid quote. It is crucial to understand that NILS loans cannot be utilized for cash, bill payments, debt consolidation, or rent.
For further information, please visit nils.com.au.
For Further Consultation
To ensure you receive the most accurate and current information pertinent to your specific circumstances, we recommend the following:
It is advisable to retain all documentation, including quotes and installation certificates, for your records.
For the latest guidelines and detailed information, please refer to the official websites of:
Alternatively, for a streamlined and comprehensive assessment of available rebates and assistance with your installation, please do not hesitate to consult with us.
It’s important to note that Federal and State/Territory rebates in Australia are constantly changing and often have specific eligibility criteria (e.g., income thresholds, concession card requirements, property type, specific product standards). The information below is a general guide based on current and recent programs.
QUESTIONS & ANSWERS
Are the rebates offered through STCs and Solar Victoria the same
No, rebates provided via Small-scale Technology Certificates (STCs) and those offered by Solar Victoria are not interchangeable. While both initiatives aim to reduce the financial outlay for solar energy installations in Victoria, Australia, they operate as distinct programs.
How are these rebates VEU and SRES disbusresed to consumer ?
The rebate amount will be directly remitted to your chosen retailer and subsequently deducted from your invoice. You will then be responsible for settling any outstanding balance once the system installation is complete.
Regarding the hot water rebate, it is calculated as 50% of the system’s purchase price, capped at a maximum of $1,000. This rebate is applied after the deduction of any other eligible discounts, including those from Small-scale Technology Certificates (STCs) and Victorian Energy Efficiency Certificates (VEECs).
Are Energy Efficiency in Social Housing Program (EESHP) and Household Energy Upgrades Fund same ?
While both the Energy Efficiency in Social Housing Program (EESHP) and the Household Energy Upgrades Fund (HEUF) share the objective of enhancing residential energy efficiency, they are distinct initiatives targeting different segments of the housing market.
The EESHP is a highly targeted program specifically designed for social housing tenants, often facilitating direct, no-cost energy efficiency upgrades. Conversely, the HEUF operates as a broader initiative, providing discounted financing to homeowners to stimulate energy efficiency improvements across the general housing market. Consequently, although both programs contribute to overarching energy efficiency goals, they differ significantly in their scope, funding mechanisms, and intended beneficiaries.
Can we stack rebates from VEU, Federal & Solar victoria ?
Yes, in various instances, it is possible to consolidate rebates from the Victorian Energy Upgrades (VEU) program, Solar Victoria, and certain federal incentives within Australia, particularly for solar and battery installations. However, it is important to be aware of the specific regulations and considerations that govern such combinations.
• Complementary Programs: Rebate schemes are often structured to be complementary, addressing different aspects of an energy upgrade. For instance, a federal incentive might lower the initial capital cost for solar panels, while a state-level rebate could focus on battery storage or a specific energy-efficient appliance.
• Eligibility Criteria: Each rebate program has its own distinct eligibility criteria. Applicants must meet all requirements for every individual rebate they intend to claim.
• “Point of Sale” Discounts vs. Post-Installation Rebates: Some federal incentives, such as Small-scale Technology Certificates (STCs) for solar panels, are typically applied as a “point of sale” discount by the installer. On the other hand, state-based rebates like those offered by Solar Victoria may be utilized after installation or provided as an interest-free loan.
• Specific Exclusions: While combining rebates is generally allowed, certain programs may explicitly state that they cannot be combined with specific other incentives. Therefore, it is essential to always review the terms and conditions of each program.
How VEU, Federal, and Solar Victoria Rebates Intersect ?
To effectively combine various Australian government rebates for optimal benefits:
Solar PV Systems: Typically, you will benefit from the Federal Small-scale Renewable Energy Scheme (SRES) discount, which your installer applies automatically through Small-scale Technology Certificates (STCs). Additionally, you may apply for the Solar Victoria Solar Panel Rebate and, if you qualify, an optional interest-free loan from Solar Victoria.
Solar Batteries: Starting July 1, 2025, a new Federal Battery Rebate will be introduced. This rebate can be combined with the Solar Victoria Battery Loan to further decrease the expenses associated with battery storage installations.
Solar Hot Water/Heat Pumps: It is frequently feasible to combine the Solar Victoria Hot Water Rebate with a Victorian Energy Upgrades (VEU) discount for the same system. This strategy enables you to maximize your savings on these energy-efficient hot water solutions.
In addition to solar PV systems, you can also take advantage of VEU discounts for a variety of other energy-efficient upgrades throughout your residence. Although these upgrades are distinct from solar PV incentives, they are complementary and enhance overall household energy efficiency.
Could I get two rebates on exact same component ?
Generally, it’s not permissible to claim two distinct rebates for precisely the same component or identical portion of an upgrade. The principle of ‘stacking’ rebates typically applies when different incentives cover disparate elements of an overarching energy efficiency project.
How are VEEC’s and STC’s rebates discounted by accredited providers . Is it upfront or adjusted in invoice ?
You typically won’t receive a direct cash rebate post-installation that requires you to claim it. Instead, the monetary value of the Victorian Energy Efficiency Certificates (VEECs) and Small-scale Technology Certificates (STCs) generated by your energy upgrade is managed by the accredited provider. This value is then applied as a direct reduction to the cost of your installation, making the energy-efficient upgrade more affordable from the outset.
Rates VEEC’s and STC’s are fixed or market-driven?
The value of the incentive or discount households and businesses receive is contingent upon market activity and the prevailing certificate price. To be eligible for these discounts or rebates, upgrades must be performed by a Victorian Energy Upgrades (VEU) accredited provider. This program is accessible to all households and businesses situated within Victoria.
Why rebate on battery under solar victoria stopped?
In Victoria, the state battery incentive has been discontinued to prevent direct conflicts with the new federal rebate. However, the federal rebate is designed to be stackable with existing state battery schemes in other Australian jurisdictions, making this a dynamic policy area.