Solar Victoria solar battery loans will reduce the upfront cost of installing a solar battery, with repayments made over a four-year period.
The application process is completed in two stages – an initial eligibility check and a financial check. More information can be found in Step 3 and Step 4 on this page.
There are 4,500 interest-free loans of up to $8,800 available in 2023-24.
Eligibility Criteria
As a Victorian householder, you could be eligible for a solar battery loan if you meet the following eligibility criteria:
- you are the owner-occupier of an existing property where the system is to be installed
- the combined household taxable income of all owners is less than $210,000 per year
- the property is valued at under $3 million
- the property address has not previously received a solar battery rebate
- the property has a solar panel system with an inverter capacity equal to or greater than 5kW, or will have one installed in conjunction with the solar battery installation.
- the energy storage solution has a capacity equal to or greater than 6kWh and is listed on Solar Victoria’s battery product list and the property does not have an existing energy storage system.
- pre-approval is obtained from your Distributed Network Service Provider (DNSP) to safely connect a battery to the grid
- the owner/s agrees to receive information from their Distribution Network Service Provider about taking part in battery trials to maximise the value households get from them.
Battery storage may not be suitable for all households and circumstances, and we recommend doing research as the first step on your battery journey, to check if a battery will be suitable for your household. The solar battery rebate is not available to homes under construction.
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