Solar power has proven itself as a dependable way to reduce energy bills for business in Victoria. The average solar radiation received in Australia is higher in percentage when compared to any other continents in the world. With a hope to support thousands of new Victorian jobs and to drive down the energy costs of Victorian families during Covid-19, the Victorian government has established commercial solar rebate for business.
A brief on commercial solar rebate program:
To support the small businesses in Victoria and to boost up the solar industry, the solar rebate program by Victorian government will slash off the upfront cost of solar installed in business premises. Total rebate amount of the solar installation will be circumscribed at 50% or $3,500 of any Australian approved solar system. To clearly understand, if the net costs of solar system is $8,000 then the rebate value applied will be $3,500 (not $4,000) or if the net costs of the solar system is $3,000 then the rebate value applied will be $1,500 (not $3,00).
The Victorian government has forecasted to allocate 5,000 rebates during 2020-2021 and the rebate will be up to $1,750. To encourage small businesses like cafes, manufacturing business and retail business 15,000 solar rebates will be available under Victoria’s business program for the next three years. This program will save hundreds of dollars in their energy bills every year.
How does it work?
* The commercial solar rebate program will be open to all business owners operating on their premises and those who run a business on a rent space. However, the rental provider or landlords of the business premises are not allowed to apply on behalf of a business purpose
* The incentive will be applicable for all solar systems with a PV capacity size up to 30KW
* Business operations must not be a residential base and has to be metered individually
* The rebate can be implemented if it the entity employs at least one person excluding the business owner and should not exceed 20 employees
Victoria’s business subsidy for solar PV system works along with Victorian Solar Homes Program. By using solar installations with commercial rebate program a business can achieve simple payback of energy bills within two years depending on the level of energy consumption.
How to make use?
By using an approved solar retailer in Victoria and other parts of Melbourne to install solar panels business owners can take the advantages of incentives from solar business rebate program.
Is it Time to Look into Solar Today?
At Solar Today, we purely need to save your hard-earned dollars through small business without spending too much for department of energy. With this outstanding rebate program it is time to generate your own energy and wait to reap with Solar PV installations as it is all low-time to install in Victoria. Start generating your own renewable power using solar products with Solar Today. Call us today and get a free quote!
Solar Today is a Melbourne based Renewable Energy Company. We have been serving Victorians for more than 12 Years and have constructed more than 4,000 solar plans!