Battery storage a ‘game changer’ for ACT

The ACT Government has awarded SolarHub, ActewAGL Retail and ITP Renewables $200,000 each for installation as part of a pilot program.

Environment Minister Simon Corbell said it was a smart move for the government to invest in batteries.

“We want to open the door for the ACT to lead research into high-penetration renewables and attract international and national companies and research leaders into this developing space,” Mr Corbell said.

“Getting involved with batteries at this early stage makes good business sense by encouraging start-ups and other industry participants to consider moving to the ACT where a concentration of industry know-how will make business more viable.”

Mr Corbell said the program aimed to make battery storage more affordable for Canberrans, test the market and provide an insight into the viability of the industry.

“With each company receiving $900 for each kilowatt of sustained peak output that the battery provides, the Government expects approximately 200 battery systems to be installed.

“This would equate to a discount of $2700 for homeowners on a battery that can provide three kilowatts of sustained peak output.”

ActewAGL general manager retail Ayesha Razzaq congratulated the government on driving the take-up emerging technologies.

“This really will be a game-changer for household energy usage in the ACT” she said.

“The program will drive awareness of the technology and provides customers with yet another way to take control of their energy usage”.

“With the ACT Government subsidy, customers can add a battery to an ActewAGL solar system starting from $4990. From there, a typical Canberra household could save over 60 per cent on their electricity bill”.