What NSW Solar Rebates & Grants Are You Eligible For?
And like any investment, being well-informed before taking the plunge with hard-earned cash is critical. South Australia’s Retailer Energy Productivity Scheme (REPS) provides rebates for home batteries. The rebate amount depends on the size of the battery and whether you’re part of a priority group. Rebates are capped at 28 kWh, meaning larger batteries won’t receive more support. From rebates to interest-free loans, these programs vary by state and territory, with unique eligibility requirements and ever-changing policies. Navigating through this landscape can feel like a maze, but don't worry—we've got you covered with a detailed, easy-to-follow guide to help you make the most of these opportunities.
Here is a clear look at potential savings when combining the federal rebate with the NSW PDRS where available. While participation in a VPP is not mandatory, the system must meet the technical requirements sa solar battery grant to be VPP-ready. This helps build a smarter, more stable energy grid for all Australians.
Rather than one big facility, a VPP aggregates many smaller decentralised energy resources (DERs) – be it solar, wind or storage – across several locations or households. By using smart technology, all these resources are combined into one large entity, and controlled from a distance by complex algorithms. Plus, the electricity system is built to have capacity for those peak moments, and building and maintaining the infrastructure that allows this costs a lot of money that adds to power bills. But questions remain about the long-term solutions to Australia's energy price pains. They modelled what would happen to peak power prices if there were 1 million batteries installed in Australia, and found that it would save $1.3 billion every year on wholesale power prices. Rewiring Australia has crunched the numbers on how much Australian homes will save if they electrify everything, including installing a battery, and came up with a similar figure of $1,000 annually in savings from a battery.
As such, these rebates and incentives are the government’s initiative to assist in the switch to clean and renewable energy through the use of solar batteries. In addition to the battery storage for businesses and the solar victoria solar homes program, South Australia also offers a range of other solar battery rebates and incentives for solar energy. The Home Battery Scheme is an initiative by the South Australian government to provide subsidies and low-interest loans to help households purchase home battery systems. This scheme aims to reduce electricity bills and increase the use of clean, renewable energy.
It’s expected applicants will know the outcome of their application within 3 weeks of the closing date, and those successful will be awarded their grant funding before June 30. These incentives are available through approved suppliers starting 1 November 2024. For full eligibility requirements and to find an accredited supplier, visit the NSW Government's official energy website. The southern state has the nation's highest household power prices and, depending on who you believe, perhaps the highest prices in the world. Mr Jenkins was the first in the state to receive the new battery and solar system, and said it would save him about $300 per quarter. The Government said analysis by economic consultancy firm Frontier Economics showed the 250 megawatt system in South Australia would lower energy bills for participating households by 30 per cent.
While the state’s standalone Home Battery Scheme has closed, federal and state-linked incentives are still available. Solar Victoria is no longer accepting applications for interest-free loans to install battery systems. Australia now has more than 4.1 million rooftop PV systems installed with over 26 GW of capacity. An estimated roughly 30 % of Australian homes have rooftop solar, giving the country among the highest residential solar-adoption rates globally. Start generating your own power via solar energy and see a reduction in energy bills.
Home-based businesses that are operating primarily from the owner’s or an employee’s residence (with only one NMI for both residential and business electricity usage) is not eligible. You can submit only one application with all proposed goods/services to be purchased, including across different locations. Every business with an active ABN that meets the eligibility requirements can apply for a grant under this Program. Only one application can be submitted per ABN – but you can apply for projects at multiple sites in one application. Where an item from the Eligible Project Activities and Expenditure List refers to ‘replace’, it can only be purchased if you already have one.
You’ll receive a lump sum payment of $313.50 per year, deposited directly into your bank account. Printed or hand-written invoices may be required if your supplier cannot provide formal printed statements. Grant applications require a formal documentation outlining the proposed energy efficiency solution, and this is where Spark Energy Australia can help.
We pick our partners based on quality installation service using quality brands and providing long term after sales service. We have been in the solar industry since 2006 and only work with top installers. Enter your details below to connect with up to two trusted, vetted local installers to give you an obligation free quote. When your solar system produces more energy than you use, the excess is exported to the grid. This earns you a feed-in tariff, typically between 5c and 10c per kWh in South Australia. When subscribing to the bulk-buy discount, there is no requirement to change electricity retailers, or take up a plan with a specific retailer (including VPP options).
The cost of the project will be financed through the sale of electricity, generated by the panels, in what Mr Weatherill said would be the largest project of its kind. The good news is that in a few states, there is existing support for buying a battery. So really, in practice I think a 10kWh battery will save you around $2.60 per day, which is equivalent to a saving of $949 per year. The truth is that you will be lucky to cycle your battery once per day, so that equates to a saving of $3.80 per day.
This rebate pays solar power system owners money on every unit of energy fed back into the grid. Finally, the small-scale scheme helps pay off solar systems when the owner uses recognised providers. A new solar system can be an affordable and sustainable energy solution for those living in South Australia. The cost of installation for residential homes varies depending on the size or power output desired. However, it should typically fall between $3,000 for smaller systems, up until 10kW systems, where prices may reach upwards of $9,000.