Round 2 applications are open until Friday 6 December 2024.
Solar for Apartments Grant – Victoria
- Funding Available: Up to $2,800 per apartment, capped at $140,000 per building, for shared solar PV systems in apartment complexes.
- Application Period: Round 2 applications are open until Friday, 6 December 2024, or until all rebates are exhausted.
- Eligibility:
- Owners Corporations with up to 50 occupiable lots.
- Buildings up to 8 storeys, classified as Class 2 or horizontally attached Class 1a structures, located in Victoria.
- Must not have received prior funding under this program or have solar installations within the last 10 years.
- Benefits: Average annual savings of up to $500 per participating household on energy bills.
- Process: The rebate is applied as an upfront discount on the invoice by an authorized solar retailer, reducing initial costs.
After being left out of Solar Victoria’s grant program for years, apartment owners will now be able to access a very attractive grant for installing a shared rooftop solar system.
Background on the grant
The federal and state governments will each contribute $46 million to electrify and modernise social housing, funding upgrades such as reverse-cycle air conditioning, hot water heat pumps, electric cooktops and rooftop solar.
Of this funding, $16m has been targeted at rooftop solar systems for apartment buildings.
The apartment upgrades form part of the Commonwealth’s Community Solar Banks program, which suggests there may be similar grants on the way for other states across Australia.
Details of the Grant
Only limited information has been released or passed on to Solar Choice at this stage and will be confirmed on the 1st of December.
Here’s what we know
- The grant will offer up to $2,800 per apartment to a maximum of $140,000 per building
- Approximately 200-300 buildings will be able to receive the grant before funding runs out (depending of size of buildings that apply)
- Applications expected to open from 1st of December and run through til June 2024
- The grant is in addition the federal STC rebate which already covers 20-35% of the cost
Solar Choice has worked with over 250 apartment buildings in Victoria, and is looking forward to helping our clients take advantage of the attractive grant scheme.
How can your building take advantage of this grant
Generally apartment buildings have a more detailed process to design the optimal system size and are suited to specialist solar installers that have experience with things like crane hire/access, installing on concrete roofs, multi-storey cable runs requiring external cable-trays or core-holing and experience with solar sharing devices.
Solar Choice offers a specialised service strata buildings providing an initial business case and optimal design, quotes from 3 pre-vetted solar installers and independent advice/assistance with grant applications.
Talk to an experienced Solar Choice consultant about options for your Strata Building
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