Thousands of residents in south-west Sydney are set to save on their power bills with the launch of Ausgrid’s newest community battery initiative.
Two 5MW batteries could save customers in Bankstown, Yagoona, Padstow, Riverwood, Roselands, Revesby, Punchbowl Mount Lewis, Condell Park, and Beverly Hills around $200 a year in energy bills—even if they are renters or live in an apartment.
Related article: Ausgrid launches biggest community battery to date
Ausgrid chair Dr Helen Nugent AC said, “At Ausgrid, our priority is ensuring that the transition to renewable energy is both equitable and affordable for all our customers.
“By investing in shared infrastructure, we are empowering local families to take control of their energy costs while building a more resilient network for the future.
“By storing excess solar energy during the day and releasing it when demand is high, this battery will help lower energy bills and ensure a more reliable power supply for local families,” she said.
The Bankstown battery further expands Ausgrid’s Energy Storage as a Service (ESaaS) initiative offered in partnership with leading retailers Origin Energy and EnergyAustralia.
Ausgrid group executive distributed services Rob Amphlett Lewis said community batteries made the benefits of energy storage accessible to everyone.
“Whether you have solar on your roof or not, rent or own, or live in a house or apartment, you can access the community battery and enjoy the savings that come with it,” he said.
“Each community battery acts as a shared asset that can absorb abundant solar energy during the day when the sun is shining and share it back to the network during the evening peak, lowering electricity prices for everyone.
Related article: No solar, no worries: locals invited to join community battery
“Community batteries can offer cheaper bills for the local community, more effective management of the local network, and support more renewables into the grid. These benefits can be stacked—making it a cost-effective investment that provides positive benefits for everyone,” he said.
Twelve other community batteries have been launched within Beacon Hill, Bexley North, Bondi, Cabarita, Cameron Park, Cammeray, Cooranbong, Narara, Warriewood, North Epping, Peats Ridge, and elsewhere in Bankstown, with more planned in coming months.
