Last updated: December 2019
Several states are offering financial support for battery storage. Here’s a summary of what’s on offer.
The ACT Government is subsidising battery storage in around 5000 Canberra homes and businesses.The current rebate is $825 per kWh up to a maximum of 30kWh. For more information, please see the ACT smart website.
The NSW Government has announced their Empowering Homes program – a scheme which will provide interest-free loans for solar-battery systems to eligible NSW residents. Interest-free loans of up to $9000 for a storage battery, or up to $14,000 for a solar PV and battery storage system, will be available to owner-occupiers with an annual household income of up to $180,000. This scheme is due to commence in summer of 2019/20. For more information, please see the NSW Government website.
The South Australian Home Battery Scheme assists households to access state government subsidies and loans of up to $6000 to pay for the installation of home battery systems. You need to live in a home in South Australia to be eligible. Please see the South Australian Home Battery Scheme website for more information.
The Victorian Government is providing a battery rebate of up to $4838 for eligible households. These rebates are available to people in designated suburbs who’ve already installed solar panels, but have not accessed a solar rebate. Please see the Solar Victoria website for more information on eligibility.