South Australia’s Home Battery Scheme
Up to $6000 for concession holders and up to $5000 for the rest. Get the ball rolling with SA Regional Solar & beat the rush.
- Energy concession holder $600.00 per kilowatt hour (kWh)
- All other households $500.00 per kilowatt hour (kWh)
So, for instance, a 13kWh battery would get you the maximum subsidy in either category. A 5kWh battery would receive a $3000 or $2500 subsidy depending on your category.
Eligible batteries will be announced, registered installers need to be CEC accredited.
SA Regional Solar fully expects to be an accredited supplier.
According to the SA Premier’s website:
The Marshall Government has revealed the details of its Home Battery Scheme, delivering on its commitment to provide more affordable, reliable, secure energy for all South Australians.
From October this year (exact date to be announced) 40,000 South Australian households will have access to $100 million in State Government subsidies to pay for the installation of home battery systems.
In addition, the Minister for Energy and Mining Dan van Holst Pellekaan this week signed a Memorandum of Understanding (MOU) with the Commonwealth Government’s Clean Energy Finance Corporation (CEFC) to deliver a $100m CEFC funding package to support the Scheme.
“In working with the CEFC we expect to be able to further assist households overcome the upfront financial barriers to accessing storage technology by offering households competitive, flexible loans where needed, in addition to the subsidies,” said Minister van Holst Pellekaan.
CEFC CEO Ian Learmonth said: “The CEFC has supported investment in home and commercial solar PV and battery storage systems as a way to reduce energy-related emissions. We are pleased that this new arrangement with the SA Government, once finalised, will allow South Australians to access tailored finance for their home energy storage systems.”
While the subsidy will be applied to the battery component only, households will be able to apply for finance to assist with the purchase new or additional solar panels as well as the battery system.
This is great news for SA households, but rest-assured there will be a LOT of interest. With around 230,000 household rooftops with solar panels there will heaps of people that already have systems wanting to come on board.
Get the ball rolling with SA Regional Solar, once we know more we’ll let you know.
It’ll be “first in, best dressed”, you can bet on that!
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