Australia is raising the bar on climate action. This month, the federal government announced a new 2035 emissions reduction target of 62–70% below 2005 levels, building a stronger pathway toward net zero by 2050. What does this mean for households, apartment owners, and rental providers? It means more funding, more programs, and more opportunities to save on energy bills while cutting carbon.
Here’s a breakdown of what’s new and how you can benefit.
Australia’s 2035 Emissions Target – Why It Matters?
The new target commits Australia to cutting emissions by up to 70% within the next decade. This policy shift is backed by billions in government spending and will shape how we generate, store and use energy at home and at work.
For homeowners and businesses, this means:
- More rebates and incentives to adopt solar, batteries, and efficient systems like heat pumps water systems and air conditioners.
- Stronger focus on electrification, replacing gas and inefficient systems with clean, electric solutions.
- Greater certainty that sustainable upgrades are supported long-term.
Spotlight: Solar for Apartments Program (Victoria)
If you live in an apartment, strata townhouse or unit in Victoria, there’s great news.
On 19 September 2025, Minister for Energy and Resources Lily D’Ambrosio launched a new round of the Solar for Apartments program, jointly funded by the Victorian and Commonwealth governments.
- Rebates available: Up to $2,800 per household, or up to $140,000 per building (50 apartments).
- Applications open until: 30 April 2026.
- Who benefits: Residents, rental providers and owners corporations can apply to cut upfront solar costs.
This initiative helps more Victorians in multi-dwelling buildings access solar savings, with rebates covering a significant part of the installation cost. Retailers and installers also have dedicated resources and webinars to ensure safe, compliant delivery.

Quick FAQs – Solar, Rentals & Net Zero
What is Australia’s net zero plan?
To achieve net zero emissions by 2050, with key milestones like the new 2035 target (62–70% below 2005 levels).
What are the 5 principles of net zero?
- Science-aligned targets
- Transparency & accountability
- Immediate emissions cuts (not only offsets)
- Prioritising reductions before removals
- A just & equitable transition
Can I have solar panels in an apartment?
Yes. Programs like Solar for Apartments make it possible, using building-level rooftop solar and “solar sharing” technology.
What is the solar rebate for landlords in Victoria?
Landlords (rental providers) can access up to $1,400 per rental property, plus the option of interest-free loans.
Who is eligible for free solar panels in Victoria?
Eligibility depends on property type, ownership, and program rules. Rebates are available for homeowners, rental providers, and apartments under approved schemes.