Subsidies for household energy storage batteries

4 FAQs about [Subsidies for household energy storage batteries]

What is the $2.3 billion cheaper home batteries program?

The $2.3 billion Cheaper Home Batteries Program is now available to help more people install batteries. Australia is a world leader in rooftop solar with more than 4 million rooftop solar photovoltaic (PV) systems. However, before the program, only one in 40 households had installed batteries.

Will the cheaper home batteries program slash power bills?

“The Cheaper Home Batteries Program will not only slash power bills for 10 million Australians with solar but also ensure all Australians are at least $1.3 billion better off in 2030 through reduced wholesale electricity costs”. John Grimes Chief Executive Smart Energy Council Are you a battery installer?

Who is responsible for delivering the cheaper home batteries program?

The Department of Climate Change, Energy, Environment and Water (DCEEW) is partnering with the Clean Energy Regulator (CER) to jointly deliver the Cheaper Home Batteries Program. DCCEEW and the CER have individual accountability and joint responsibilities for delivery of different aspects of the program.

Why does the cheaper home batteries program matter?

Why the Cheaper Home Batteries Program matters! With solar feed-in tariffs plummeting to as low as 1 cent per kWh, batteries allow households to self-consume their solar energy and avoid buying power at peak rates—saving up to $1,100 a year.

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