Householders from up to 5,000 apartments will soon be able enjoy the benefits of solar energy, thanks to a new $16 million partnership between the Victorian and Commonwealth Governments.
This new partnership will be delivered by Solar Victoria and will be implemented later this year.
The program will be added to the successful Solar Homes Program, removing some of the barriers to installing solar on apartment buildings. Grants targeted at owner’s corporations will be available, with up to $2,800 per apartment, and up to 50 apartments per building.
Until now, apartment owners and renters have faced difficulty accessing solar rebates due to the complexities of installing solar panels on shared roof spaces, multiple owners and tenants, and complex approvals processes, including owners’ corporation approvals.
Making the funding available to owners’ corporations not only simplifies the process, it will significantly boost the number of renters and lower-income Victorians who can enjoy the benefits of cheap solar energy. Installing solar will help residents to save money on their energy bills including heating, which is one of the biggest energy users in the home.
Data shows around 65% of Victorian apartment dwellers are renters.
“Electrification and efficiency upgrades are helping households take back control over their energy bills and slash their emissions at the same time – we welcome this additional funding to help more Victorians access this valuable program.
Victorian Minister for Climate Action, Energy and Resources Lily D’Ambrosio
We know energy prices are putting pressure on households bills and by helping 5,000 more apartments share in the benefits of solar power, will ensure more Victorians can save on their energy bills no matter where they live.
The $2,800 grants are double the $1,400 Solar Homes rebates available to freestanding homes, due to the co-investment from the Commonwealth Government, and recognises the challenges that owners’ corporations face in installing solar.
The grants will be funded through an equal contribution of $8.05 million from the Victorian Government and $8.05 million from the Commonwealth Government.
The Commonwealth’s contribution is part of its Community Solar Banks program, which is helping people across the country drive down their energy bills through solar and clean energy technologies.
The program is currently in the design phase, in consultation with key stakeholders, and is expected to open to applications in late 2023. Program information including eligibility criteria, application process and program requirements will be communicated at that time.
