Victorian Solar Slowdown – SunWiz’s view, and how we can help
But as with many incentives, it’s all fun and games until a deadline approaches or the funds/allotment run out. (Although we can also point out that – at least since the Abbott years – the steadily reducing but long-standing STC discount available through the national RET has been a great example of how an incentive can even-handedly support a market rather than engendering unnecessary volatility.)
For the Victorian Solar Homes scheme, the solar coaster reared its head for the first time in April 2019, when the rebates were exhausted for the financial year. This left a months long window with ‘no oxygen‘ for installers in the state as many homes held out on purchasing a system until the program reopened in July – with interest-free loans and new incentives for home batteries & solar hot water systems.
For many weeks from when the Solar Homes Package v1.0 came into effect in August, quote volumes were up by 150%. The clear exceptions are a) the Christmas holiday period and b) the weeks following the temporary closure of the scheme in April. Business started to pick back up again in late June as consumers readied themselves for its reopening – with a massive spike at the end of the month (300% over the previous year’s volume for that week).
Chart 2 below shows the anticlimax of that moment, with the month’s allotment of solar PV rebates running out in just three days. Under the new version of the Solar Homes Package (which was rejigged following April’s chaos), the next round will be released at the beginning of each month. This means that customers and installers alike will once again have to hold their breath until 1 August.
How SunWiz can help
SunWiz has addressed Victorian solar retailers needs by developing services that will generate extra sales in this otherwise quiet time. We can help you generate business in system upgrades, battery additions, commercial sales, plus capture more of the available VSR rebates. Please contact warwick@sunwiz.com.au for more information.





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