Across Victoria, businesses and residents can access various money-saving opportunities from the Victorian government. Electricity rebates come in a variety of forms, including rebates for solar panel installation, household efficiency incentives, and schemes to provide energy bill relief to Victorian households.
Find out more about all of the electricity rebates you can access in Victoria below.
Electricity Rebates Available in Victoria For Homes
The Victorian government offers many schemes to eligible Victorian households, helping them afford their energy bills and improving their house’s energy efficiency. Learn more about the incentives and rebates you could be eligible for in Victoria.
Energy Bill Relief for Households
Available in a number of states and territories, the Energy Bill Relief scheme is offered by the Australian government and offers rebates to eligible households. Those who are eligible include:
- DVA Gold Card holders
- Health Care Card holders
- Low Income Health Care Card holders
- Pensioner Concession Card holders
Those who meet the above criteria are eligible for the existing Victorian Electricity Bill Concession scheme.
Newly eligible cards for this scheme include:
- Carer Allowance
- Commonwealth Seniors Health Card
- Family Tax Benefit
DVA or Services Australia will contact cardholders from September to November 2023 with more information.
Household Energy Efficiency Incentives (Victorian Energy Upgrades)
The Victorian Energy Upgrades program helps households in the region save money with a variety of special offers and discounts. The upgrades can include everything from lighting to hot water systems to TVs, helping you to switch to more energy-efficient products and reduce your electricity consumption.
Eligibility criteria include:
- You must purchase specified energy-saving products and services from businesses participating in the scheme
- You must have the appliance professionally installed where required
- You must complete the relevant paperwork upon purchase of the product or service
Homeowners, renters, and landlords are all eligible to apply for this scheme.
Power Saving Bonus for all Victorian Households (Victorian Energy Compare)
The Power Saving Bonus program offers all eligible Victorian households a one-off payment of $250 when they look for a better energy deal on the Victorian Energy Compare website. Note the Power Saving Bonus is only available through the Victorian Energy Compare website.
To be eligible for the $250 Power Saving Bonus, you must be a Victorian residential energy consumer and an account holder. Only one payment is available per household; however, a new round of the Power Saving Bonus began in March 2023, meaning you can now receive another Power Saving Bonus, even if you already received one in the previous rounds.
Solar Panel Rebates
For Victorian households who install solar panels, the government will offer additional assistance, which includes no-interest loans and rebates. There are a number of requirements you must meet to be eligible for this scheme. These include:
- You must be the owner or occupier of the house or home under construction
- The combined taxable income of the home must be less than $210,000 per year
- You must not have already received a solar battery rebate under the Solar Houses Program
- The property is valued at under $3 million
- The household address has not already received a solar panel rebate or solar battery rebate under the Solar Homes Program
- The property hasn’t had a solar panel system installed after 01/11/2009
Electricity Rebates Available in Victoria For Businesses
Businesses in Victoria can also find many ways to save on their electricity bill. The Victorian government has many dedicated savings programs that offer rebates and financial incentives to upgrade appliances and services. Find out more below.
Business Energy Efficiency Incentive
The Business Energy Efficiency Incentives Program (Victorian Energy Upgrades) helps businesses in Victoria to save energy, and money, with discounts and offers on products and services. Any products, services, or appliances you choose under this scheme must come from accredited suppliers. You can find them on the Victorian Energy Upgrades products page.
The program helps businesses buy everything from energy-efficient lighting to hot water systems and upgrades to TVs. To be eligible, you must have a business located in Victoria, and purchase specified products from accredited suppliers. Where it is necessary, you must also have the products installed by accredited professionals. You will also need internet or computer access and to fill out the relevant paperwork at the time of purchase.
Energy Bill Relief for Small Businesses
As with the Energy Relief Bill for Households, eligible Victorian small businesses can also access electricity bill relief through the Energy Bill Relief Fund. Businesses need to be on a separately entered business tariff with their retailer, and their annual consumption must be less than 40MWh.
Fortunately, you don’t need to do anything if you’re eligible. Instead, you simply receive the bill relief automatically if you meet the criteria.
Renewable Power Incentives
Renewable energy is a fantastic way to reduce energy consumption and electricity bills. The Victorian government offers many incentives for businesses looking to upgrade to renewable appliances, products, and services. One such is the Renewable Power Incentives program.
Small businesses that choose to install a small-scale renewable energy system, like solar, wind, or hydro systems, may be eligible to receive a benefit towards the cost of purchase. Installing such a system will result in creating a small-scale technology certificate that can be redeemed for a fee.
Eligible systems include solar panels, wind turbines, hydro systems, solar water heaters, and air source heat pumps. This scheme is administered by the Clean Energy Regulator, so small businesses should contact them for more information.
Solar Panel Rebates
Not-for-profit community housing and rental property owners are eligible for rebates if they choose to install solar panels on their properties. They can receive up to $1400 per tenancy, helping improve their properties’ efficiency and reduce electricity consumption.
Many solar panel rebates in Victoria are perfect for businesses looking to increase their energy efficiency, reduce their recent electricity bill, and boost their sustainability.
Conclusion: Electricity Rebate Victoria
Victorian households and businesses can access a wide range of electricity rebates and incentives to make their electricity bills much cheaper. There is much to choose from, from the Power Saving Bonus Program to solar panel rebates, so you’re sure to find something that helps you save money and boost your efficiency.
If you need more guidance, expert advice, or are looking for energy-efficient upgrades, contact Ecosaver today and speak with one of our experts.
