Rebates

When upgrading your hot water system, you are eligible for up to 3 Victorian rebates:

STC’s - Available On All New Heat Pump Systems

Your new system may be eligible for Small-scale Technology Certificates (STCs).

This is effectively a payment made to purchasers of small renewable energy systems for the value of the emissions they help reduce.

The quoted price of the system from your installer will have the STC discount included in the final price.

VEEC’s - Available When Upgrading Either Gas or Electric Hot Water Units.

The Victorian Energy Upgrades (VEU) program provides incentives for households to replace inefficient electric storage, gas storage, or gas instantaneous hot water systems.

To be eligible to upgrade your hot water system and get a discount, you must:

• Be a Victorian household with an inefficient electric or gas hot water system.

If you’re living in a private rental property, you are eligible to receive a discount on a hot water system.

We recommend that landlords and tenants work together when doing any upgrades to a rental property.

Only products meeting the VEU program requirements can be installed under this program. There are two types of efficient hot water systems you can install under the VEU program:

• Heat pump hot water systems
• Electric boosted solar hot water systems.

It is important to choose a hot water system that is a suitable size for your household.

Every household is unique, and this impacts what size is appropriate. You can run out of hot water if your system is too small.

Please refer to this document for more information: Hot water systems for households (energy.vic.gov.au)

$1,000 Vic Solar Hot Water Rebate – This is Means Tested and Special Criteria Apply*

As a Victorian householder, you could receive a hot water rebate if you meet the following criteria:

• You are the owner-occupier of an existing property where the system is to be installed.
• The combined household taxable income of all owners is less than $210,000 per year.
• The property is valued at under $3 million and the property address has not previously received a hot water rebate or a solar battery rebate under the Solar Homes Program.
• The hot water system to be replaced is at least three years old from the date of purchase.
• Householders cannot receive the same Solar Homes rebate more than once.

For example, if a householder has previously received a hot water rebate, they cannot receive another hot water rebate for the same property.

Once you're confident that you and your property meet the eligibility criteria, you can start the application process.