The latest data shows participants are saving an average of $1,073 on their power bills - higher than the initially predicted savings of up to $890 a year – while making a major contribution to reducing emissions and supporting the creation of jobs.
There are four ways the Victorian Government is supporting Solar Homes participants to make a difference:
- Supporting new jobs in the solar industry - 1,097 in 2018-19; 2,530 in 2019-20; 2,158 in 2020 to March 2021
- Delivering savings of $1,073 on average annual household electricity bills from solar PV panels (compared to the $890 estimated at program launch)
- Reducing 750,000 tonnes of carbon emissions from the National Electricity Market since 2018, and
- Installing 785 megawatts of solar PV capacity since 2018, contributing to the state's renewable energy target of 40 per cent by 2025.
The number of Victorian households applying to be part of the solar revolution also recently topped 150,000.
This investment in making Victoria the renewable energy state is also helping support 5,500 jobs., Victorian solar businesses are also benefitting. Victoria has the highest rate of renewable energy job growth in the country, with 30 per cent of all renewable energy jobs based in Victoria, and 56 per cent of those in solar.
The government is making it easier and safer for even more Victorians to go solar, expanding the range of rebates available, giving consumers all the information to make an informed choice and working with industry to continuously improve safety and quality.
Since its launch in 2018, the Solar Homes Program has provided more than $270 million in rebates to help Victorian households install solar systems, making solar accessible, driving down energy prices and helping to tackle climate change.
More information including eligibility criteria and authorised retailers can be found at www.solar.vic.gov.au.
Quotes attributable to Solar Victoria CEO Stan Krpan
“Victorians keep on embracing renewable energy – and saving money on their energy bills.
“It’s great to see these impressive figures keep rising, and it’s clear from this latest data that solar is good for jobs, good for the environment and good for bringing down household power bills.”
Reviewed 27 October 2022