The Victorian Government has expanded its Victorian Energy Upgrades (VEU) program to offer new solar installation discounts for commercial and industrial businesses, as well as community organisations. The initiative aims to help reduce energy costs, lower emissions, and cut demand on the electricity grid.
Under the expanded program, eligible organisations can receive discounts of up to $25,000 on the upfront cost of installing a 100-kilowatt solar system, and up to $34,300 for a 200-kilowatt system. Discounts apply to systems ranging from 30 to 200 kilowatts. Businesses may also access Commonwealth Government solar rebates, offering up to an additional $50,000 off the total installation cost. Combined, the two incentives can reduce installation costs by up to 35%.
These discounts are available to a wide range of facilities including factories, hospitals, aged care facilities, aquatic centres, and local government buildings, all of which stand to benefit from lower energy bills and improved environmental performance.
Further information on eligibility and how to apply for solar discounts is available on the VEU website.
