1MW
New maximum eligible system size
~20%
Estimated upfront discount on eligible systems
$232K
Est. upfront support on an 850kW solar system
1 Oct 2026
The start date for eligible installations
Brands we work with
Premium Products Your Business Can Rely On
Solar Panels
Brands like Jinko, Trina Solar and Canadian Solar.
Batteries
Tesla Powerwall 2 & 3, BYD, Sungrow, GoodWe & Sonnen for dependable energy storage.
Inverters
Fronius, Sungrow & Goodwe for optimal system performance.
Additional Solutions
EV charger stations and advanced solar monitoring systems.
These premium products come backed with robust warranties, including up to 30 years on panels and up to 15 years on workmanship.
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Save BIG With Commercial & industrial solar panel discounts
Key eligibility highlights:
✅ System Size: Maximum 1 MW for new installations
✅ Non-residential sites only
✅ DNSP connection agreement required
✅ Maximum 1 MW system size when adding solar panels to an existing solar system.
Solar Incentives Available to Victorian Businesses in 2026
The Victoria government’s “Solar for Business Program” ended on June 30, 2023, but businesses in Victoria state (and across Australia) can still get rebates for rooftop solar systems under the federal government’s scheme, Small-scale Renewable Energy Scheme (SRES) and Victorian Energy Upgrades (VEU) program.
The SRES is a sub-scheme of Renewable Energy Target (RET) scheme, a federal government scheme in Australia. The RET scheme has been formulated to decarbonise the electricity sector by incentivising electricity generation from renewable energy sources like solar, wind and hydroelectric power plants.
Homeowners and businesses become eligible to create small-scale technology certificates (STCs) for every megawatt hour (1 MWh) of electricity generated through renewable energy sources. One STC is equivalent to 1 MWh of electricity.
STCs can also be created through energy-efficiency upgrades. Replacement of energy inefficient resistive electric and gas-fired space heaters and water heaters with heat pump powered systems, such as split system air conditioners and solar or heat pump hot water systems, comes under the energy-efficiency upgrades under SRES.
The number of STCs created through these replacements and new renewable energy system installation depends on:
- Location of installation/replacement
- Installation date
- Electricity generation over the deeming period* or amount of electricity saved (in case of the energy-efficiency upgrades).
*The deeming period (in years) for rooftop solar PV systems depends on the year of solar system installation. Here is a chart showing the deeming period for all Solar PV system installations in 2026 till 2030.
| Installation year | Deeming period (in years) |
| 2026 | 5 |
| 2027 | 4 |
| 2028 | 3 |
| 2029 | 2 |
| 2030 | 1 |
After the solar PV system installation, homeowners or businesses can create STCs themselves through an REC registry registered person account. The STCs can be sold in the STC open market. The homeowners/businesses can also assign/surrender the right to create STCs to a Clean Energy Regulator (CER) accredited installer/registered agent. In lieu of the assignment of STC rights, the CER accredited installer offers discounts/rebates on upfront cost of solar PV systems to the homeowners and businesses.
Is My business eligible for commercial solar rebates under SRES?
On August 5, 2026, the eligibility of solar systems for STCs was expanded by the Federal Government, from 100kW to 1MW. This expansion will come into force retrospectively from October 1, 2026. Installing solar systems under SRES will slash the upfront costs for businesses by about 20%. Under this federal solar rebate scheme:
- A 250 kW solar system (having a potential to save about $50,000 on energy cost a year) can get an upfront discount of about $68,000.
- About $136,000 off on a 500 kW solar system.
- About $232,000 off on a 850 kW solar system, with a potential energy cost savings of about $175,000 a year.
- Solar PV system size should be less than or equal to 1MW
- The solar panel and inverter must be CEC-approved
- Installation must be carried out by an installer accredited by Solar Accreditation Australia (SAA)
- The solar system should meet relevant Australian standards
- You must have an active Australian Business Number (ABN)
- You must be an owner or leaser of the solar system installation site
- Your business must be actively consuming electricity on-site
- Your business should not already have received a similar rebate.
What solar rebates businesses can get under SRES scheme?
The rebate amount depends on:
- Installed solar PV system size (in kW).
- STC price at the time of installation.
- The applicable deeming period
- And location (the climate zone your place is located).
Through Small-Scale Technology Certificates (STCs), rebates can total up to $30,000 for systems with a solar system capacity of up to 1 MW. Reach out to us to assess potential rebate amounts and learn about the payback period of your investment on solar.
Commercial & Industrial Solar Panel Rebates under VEU Program
Businesses in Victoria can apply for solar rebates under the Victorian Energy Upgrades (VEU) program in addition to the incentives provided under the SRES program. Part 47 of the Victorian Energy Efficiency Target (VEET) Regulations 2018 governs the solar rebates offered through the VEU program.
All commercial and industrial units in Victoria state are eligible to apply for solar system (ranging from 30 kilowatts kW to 200 kW in size) discounts under the VEU scheme. Depending on the Victorian Energy Efficiency Certificate (VEEC) market price at the time of application, the rebate amount can range from $4,550 for a 50kW solar system to $34,300 for a 200kW solar system, assuming a VEEC price of $70.
Businesses can also combine SRES solar rebates with the VEU solar discounts to get up to 35% off on the cost of a solar system retail price.
Advantages of solar installation under SRES scheme
Affordable solar systems with no upfront costs
Worried about upfront costs? Businesses can get started without paying a cent out of pocket. Thanks to generous STC rebates and flexible financing options like interest-free loans and Power Purchase Agreements (PPAs), solar energy is more accessible than ever. Your energy savings will quickly offset the upfront cost, making it a smart financial decision.
Tailored solar solutions for your unique energy needs
Whether you run a small business or a large commercial enterprise, we have a customized solar solution for you. Our systems range from 10kW to 5MW and are designed to meet your specific energy needs and site requirements. We specialize in delivering efficient, scalable solar solutions that maximize your savings and sustainability.
Case Studies
Clayton North Primary School
System Efficiency: 87% System Size: 54kW Est. Annual Savings: $13,188
Ambulance Victoria
System Efficiency: 87% System Size: 500MW Annual Savings: $225,640
Maribyrnong Business Centre
System Efficiency: 87% System Size: 530kW Annual Savings: $39,787
Dandenong Plaza Shopping Centre
System Efficiency: 87% System Size: 1.4MW Annual Savings: $326,149
Green Loan Facility Available
iPromise Australia partners with 28Watt green-loan brokers to facilitate
upfront investment. We model bill savings against repayments,
helping the project fund itself through electricity savings.
Potential 3–5 year finance pathway, depending on bills and terms.
Our Accreditations and Recognitions
Fast Turnaround Times
We understand that time is money. Our streamlined installation process ensures minimal disruption to your business while delivering high-quality installations:
- A 50kW system is typically completed in 4–6 weeks.
- A 100kW system can be installed in around 6 weeks, depending on project complexity.
We work closely with you to ensure a smooth and timely installation process.
Proven Results from Past Projects
Here’s what some of our satisfied customers have achieved:
- A food manufacturer in Thomastown installed a 100kW system with Trina Solar panels and Fronius inverters, saving $18,000 annually on electricity.
- A retail company in Dandenong opted for a 150kW system featuring Jinko Solar panels and Sungrow inverters, achieving $35,000 in annual savings and recouping their investment in under three years.
Step 1: Enquire
Send us your details using the contact form above.
Step 2: Consultation
We’ll book a free consultation to discuss which products are right for you.
Step 3: Installation
Our certified installers will visit your home or business to upgrade the old products.