The Victorian Government has expanded the Solar for Business Program, so more businesses can access rebates and interest-free loans to bring down energy costs.
To help businesses transition to solar energy, the Solar for Business Program is offering rebates covering up to 50%, to a maximum of $3500 of the installation cost of a rooftop solar system and the option of an interest-free loan.
Program eligibility
Businesses who own their premises and those who rent can apply for the Solar for Business rebate. All entity types with less than 50 full-time equivalent employees that operate from a non-residential premises could be eligible for rebates.
You can check out the full eligibility criteria.
Interest-free loans
An interest-free loan can be applied up to an amount based on the quote provided to Solar Victoria. The loan amount can range from $1000 to a maximum of $5000.
Loans are required to be repaid over 12 months or 24 months, with an option to repay sooner in one lump sum payment. The rebate and loan amounts will be deducted from the cost of your system – ensuring you only have to pay any outstanding balance once the system is installed.
How to get started
The best place to start your application is the Solar for Business buyer’s guide. This guide has information on different systems, factors to consider when shopping around, warranties and consumer protections.
Once you have done your research you can contact an approved solar retailer to obtain a quote and start your application.
The retailer will send the quote to Solar Victoria, and you will be sent an email directing you to the Solar for Business portal where you can apply for a Solar for Business rebate and interest free loan.
Solar Victoria have made the application process as simple and fast as possible, with only a few documents required to apply. You can find a step-by-step process, along with an application video and a guide.
Please note, rebates are limited.
Visit Solar Victoria’s website for more information.
Read about how solar can help you save on your energy bills – and help save the environment – at Solar Superheroes.
