Announced by Victoria Energy Minister Lily D'Ambrosio in mid-2023, the scheme offered interest-free loans of up to $8,800 (USD 5,700) for a battery, decreasing the up-front costs of an energy storage system to be installed alongside new or existing rooftop solar.
Can Victorian Government help with battery storage?
Victorian Labor government offers subsidies of up to $5,000 to help 10,000 households install battery storage in their homes, adding to a suite of household incentives for rooftop solar and solar hot water systems.
Are you eligible for Victorian Energy Saver's energy-efficient upgrades?
Discover if you're eligible for Victorian Energy Saver's energy-efficient upgrades and start saving on your bills today! All Victorian households and businesses can access the Victorian Energy Saver program, receiving discounts on energy-efficient products and services to reduce both energy bills and emissions.
What is the battery energy storage subsidy?
The battery energy storage subsidy is a financial incentive that supports the installation of battery storage systems to store excess solar energy. These batteries can power your home or business during peak hours or blackouts — lowering energy bills and increasing energy independence.
Will the Federal battery subsidy scheme continue in Victoria?
The agency said the incentives have achieved their targets by stimulating demand for batteries in Victoria and suggested that the federal government's $2.3 billion national battery subsidy scheme, to commence on 1 July, will continue this on.
Does solar Victoria offer interest-free battery loan programs?
State government agency Solar Victoria has confirmed it is no longer accepting applications for its interest-free battery loan program designed to help households install battery energy storage.
What types of energy-saving products are available to Victorian households and businesses?
Specific energy-saving products, like energy-efficient heating, lighting, and water heating systems, are available to eligible Victorian households and businesses. The range of products helps users maximize their savings and efficiency, reducing energy costs year-round.