The Australian state government of Victoria said that due to the overwhelming response to the first round of its rooftop solar rebate scheme, it has now extended the application period from April 15, 2024 to May 31, 2024.

It is understood that the rooftop solar scheme, announced in February 2024, is a joint initiative of the federal and Victorian governments. The scheme will provide successful applicants with grants of up to $2,800 per apartment, thus reducing the cost of installing solar PV on apartment buildings. the cost of. For buildings with 50 or fewer apartments, the maximum grant amount is $140,000. By adopting solar power generation, the average apartment household can save up to $500 per year on electricity bills.

Since 13 February 2024, 143 new apartment buildings with a total of 2,477 apartments have applied for the scheme, with final approval and funding agreements due to be signed in September 2024.

In addition, the government plans to launch more rounds of apartment solar rebate programs this year.