Solar - VIC Solar Interest FREE loans.
As part of the solar homes program a loan scheme will commence for solar PV systems for owner-occupiers from July 2019. This will allow Victorians to access the benefits of renewable energy at potentially no up-front cost depending on the choice of system installed.
Eligible households will be able to install solar panels on their home, saving households hundreds of dollars a year on their energy bills.
Renters will be able to access an interest free loan for a solar PV system when the solar for rental properties program begins in mid-2019.
Households will be required to pay back the amount of the loan over four years, which will assist Victorians with budgeting for their cost of living.
Households who choose to access the solar PV rebate before the loans scheme opens in July 2019 will not be able to apply for the no-interest loan.
Solar Victoria is responsible for delivering the Solar Homes package and will provide further details on the interest-free loans in the coming months.
If you would like more information about the Solar Homes program, register for updates or call Vic Solar on 1300 363 744