Extend Solar for Apartments program: Victoria expands to reach more residences

The Victorian government has announced the extension of its popular $16 million Solar for Apartments program until 31 May. Launched in February with support from the federal and Victorian Labor governments, the initiative aims to assist around 5,000 apartment owners and renters in installing rooftop solar panels. Successful applicants can receive rebates of up to $2,800 per apartment or up to $140,000 per building with up to 50 apartments.

The program targets low- to mid-size apartment buildings up to eight storeys high, containing between 5 to 50 apartments. Minister for Energy and Resources, Lily D’Ambrosio, revealed the extension of the application period due to high demand following the initial round of the program.

Since applications opened on February 13, a total of 143 apartment buildings housing 2,477 apartments have applied for the program, with many more showing interest. The government hopes that by implementing shared solar systems, residents can save up to £500 annually on their electricity bills.

Historically, the uptake of solar panels on apartments has been lower compared to standalone homes due to the complexities and costs associated with installation and sharing savings among residents. The Solar for Apartments program addresses these challenges by reducing upfront costs and simplifying the installation process.

Ryan Batchelor, Member for Southern Metropolitan Region, highlighted the significance of the program in enabling apartment residents to benefit from solar energy. He stated, “It’s been challenging for apartment dwellers to enjoy the advantages of solar power. This program is eliminating those obstacles and transitioning more Victorian homes to affordable and sustainable renewable energy sources.”