Nina Taylor MP welcomed Minister D’Ambrosio’s announcement today that eligible landlords can now apply for an interest-free loan in addition to the existing rebate available, encouraging more solar installations that benefit renters.
Landlords can apply and pay for the entire solar system themselves, or work with their renters for a loan repayment co-contribution of up to $19.27 a month, equivalent to the cost of a takeaway coffee each week.
By offering an interest-free loan to landlords and allowing them to access up to two solar rebates per financial year for their rental properties, more renters can access cheaper energy, not just homeowners.
Solar Victoria is encouraging renters to discuss rebate opportunities with their agents and landlords and has developed resources to support them.
More than 550 rental households across Victoria have benefitted from the Solar Homes program so far, and eligible landlords can apply for a solar PV rebate and equivalent loan of up to $1850, reducing the upfront cost of installing a solar PV system by up to $3,700.
With so many Victorians currently working and studying from home and using more energy during the day, rooftop solar helps keep energy costs down, even in winter.
To find out more about the Solar for Rentals initiative, visit solar.vic.gov.au/solar-rental-properties.
“It’s fantastic to see so many people within Southern Metro joining the clean energy revolution which can only be good for our community.”
“Southern Metro is a great place to live and not owning your own home shouldn’t stop you from having access to cheaper, cleaner solar energy.”
“Renters in Southern Metro often dream of the chance to cut their energy costs and by installing renters will be able to save by $890 each and every year.”