NSW Farmers Association has developed and launched an online calculator to help households and small farm businesses test the financial viability of investing in solar PV and batteries.
The online calculator was launched to coincide with Tesla’s announcement Australia would be the first market to receive its PowerWall battery which, along with other battery products, is expected to significantly accelerate the penetration of renewable energy across Australia.
NSW Farmers energy spokesperson Gerry Flores cautioned households and small-to-medium farm businesses to adopt a conservative approach to this new technology.
“It’s important for farm business owners to consider whether energy storage is right for them before they make any substantial investments,” he told The Northern Star.
Mr Flores, a photovoltaics engineer who developed the calculator, said it could estimate potential savings and the financial case for several scenarios throughout the state.