In less than four months, the Australian Government’s Cheaper Home Batteries program has seen 100,000 households and small businesses by install home batteries, totalling 2GWh of storage.
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The Cheaper Home Batteries Program cames into effect on July 1, with the federal government offering approximately 30% off the upfront cost of a small-scale battery for homes, businesses, and community groups.
Pairing a battery with a rooftop solar system can almost double a household’s savings, with up to $2,300 less per year on power bills for the average family compared to $1,500 with solar only.
Hardware giant Bunnings and digital energy management specialist Intellihub quickly siezed the opportunity to enter the solar and home battery market, launching a new offer to Australians looking to electrify their homes. Zelora allows customers to buy and install solar energy and battery packages for their homes managed through an all-inclusive, simple subscription without major upfront costs.
Alinta Energy and the National Renewable Network also launched a solar, battery, and Virtual Power Plant (VPP) offer with no upfront costs called Solar Together.
Minister for Climate Change and Energy Chris Bowen said, “Australia is a solar nation—with the highest rate of rooftop solar anywhere in the world. Our program takes the next step, delivering a game changer for household bills.
“In just four months, 100,000 Aussie families have jumped at the opportunity to slash their energy bills for good by installing a Cheaper Home Battery.
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“This is what delivering a fairer and more reliable energy system looks like; practical action that cuts bills and cuts emissions for good.”
