Victoria allocates US$2.7 million for rooftop solar rebate scheme – PV Tech

“We are helping more Victorians make the switch to all-electric homes – cutting down power bills and investing in a renewable energy future,” said Victoria minister for energy and resources Lily D’Ambrosio. “The Residential Electrification Grants program is increasing solar by broadening the reach and scope of the program to encourage innovation in the use of solar energy.”

Victoria already has an ambitious solar installation programme in place, the Solar Home project, a ten-year, US$880 million scheme to dramatically expand residential solar capacity in the state. The project aims for residential solar to account for one-eighth of the state’s renewable energy power mix, which will account for 40% of the state’s total energy supply by next year.

Projects such as these have pushed Australia to the forefront of the world’s rooftop solar sector. In 2023, Australian homes alone added 3.1GW of new rooftop solar capacity, and a report from the Clean Energy Council (CEC) found that rooftop solar alone met 14% of the country’s energy needs in the Summer of 2022-23.

However, last month saw Australia add the lowest capacity of new rooftop solar installations since January, and a 14% month-on-month decline from May, and while this downturn is thought to be a temporary anomaly, it demonstrates the importance of continued legislative support for new residential solar installations.

This post was originally published on 3rd party site mentioned in the title of this site