Solar rebates for rental property owners in Victoria

Why Rental Property Owners Should Act on Solar Rebates

The Solar Victoria rental-property rebate lets eligible landlords receive up to $1,400 per property for installing solar-PV systems at up to two rental properties each financial year — and you also have the option of an interest-free loan matching the rebate, reducing upfront costs significantly. 

To qualify:

• Your renters’ combined household taxable income must be under $210,000. 
• The property value must be under $3 million and must not have previously received a solar-PV rebate under the program. 
• You must sign a formal Rental Provider-Renter Agreement allowing installation and access. 
• Installations must be via an authorised solar retailer, and using only eligible products. 

The process involves: obtaining quotes, signing the agreement with the tenant, verifying eligibility, installing the system within specified timeframes, and then your rebate is applied directly to the retailer invoice.

You and your tenant also have the flexibility of a co-contribution model where the tenant may cover up to 50 % of the interest-free loan monthly repayments (e.g., ~$14.58/month) or you can cover the full repayment yourself. 

Once installed and connected to the grid, the system may lower your tenant’s energy bills and increase property appeal, while you enjoy a cleaner asset and governmental support reducing your capital burden. Make sure you still check feed-in tariffs and ensure your retailer handles the grid connection correctly. 

For further information please click this link:
https://www.solar.vic.gov.au/solar-rebates-rental-properties