Government Solar Panel Scheme 2018

No upfront cost 100 finance available.

Government solar panel scheme 2018.

What they offer instead is a scheme called the feed in tariff which pays you money for 20 years after your solar panels have been installed. Solar pv not covered by green homes grant. Wed 27 jun 2018 12 09 edt last modified on wed 27 jun 2018 15 25 edt. Solar panels to be installed in more than 650 000 victorian homes.

In december 2018 the government confirmed its intention to end solar panel incentive payments on 31 march 2019 meaning people who have solar panels installed after this won t receive payments for generating electricity or exporting it to the grid. Why get solar panels. Receiving a free solar battery to store energy. Households have been promised up to 890 savings a year on power bills.

Residential solar panels are now over 50 cheaper than in 2011. With energy prices due to increase again in august 2020 our benefits include. Save up to 70 on your energy bills. The victorian government has announced victoria s roadmap for reopening.

A typical 4kw array of solar panels costs about 6 000 down from 12 000. If you ve installed solar panels and had a microgeneration certification scheme mcs certificate issued by 31 march 2019 you can apply to your energy supplier until 31 march 2020. Solar pv panels are not covered as part of the scheme but solar thermal panels for solar water heating is part of the primary measures that are covered by this scheme. Earning incentives from the new grid trade scheme.

Own 100 of the system. The main government support scheme. Seg will build on the previous government subsidy scheme which drove the installations of 850 000 small scale renewable projects. We are providing a rebate of up to 1 850 for eligible landlords to reduce the cost of installing a solar panel system on a maximum of two rental properties each financial year.

The scheme is open to homes valued under 3 million. Government funded solar panels there are no grants for solar panels in the traditional sense of the word from the government that will pay in full or in part for your solar panel installation. If you already have solar panels this won t affect you you ll still get your payments.