Victoria’s Solar Homes program has been expanded by the State Government, allowing eligible landlords to apply for an interest-free loan in addition to the existing rebate available.
Landlords can apply and pay for the entire solar system themselves, or work with their renters for a loan repayment co-contribution of up to $19.27 a month.
Victorian Minister for Solar Homes, Lily D’Ambrosio, said, “This is great news for the third of Victorians who currently rent their home and haven’t yet been able to participate in Solar Homes.
Northcote landlord Cass Dolby, who has already converted her home to solar power, installed solar panels on her rental property in late 2019, with the Solar Homes rebate making this financially viable. A comparison of the tenant’s bills from July 2019 and July 2020 show a saving of more than $120 for the same two-month period, thanks to the solar panels.Solar Victoria is encouraging renters to discuss rebate opportunities with their agents and landlords and has developed resources to support them.
Source: Energy Magazine