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Hi All,
I was just reflecting on the new battery subsidy to come into effect soon here in Australia and thought I would share.
So the recently re-elected Govt here in Oz campaigned that they would bring in a battery subsidy in July 2025 that is $372/kWh and tops out at $4K AUS. Now this is obviously great news for those that have solar systems and have been looking to add a battery and for those who were looking to purchase both. I would expect (being around the solar bus for a while) that this will go gangbusters and a lot of battery's and solar will be installed in the next couple of years, the battery subsidy program has a 2.3 Billion budget over 10 years.
The original solar rebates have worked very well here in Australia BUT it has created a bit of an issue in how we deal with baseload power, something has to keep the place going at night and when there is no wind or sun. This lack of any great path forward by either side of politics has seen the price we pay per kWh here in Australia at levels which are frankly ridiculous and unsustainable. This electricity price makes business here very difficult and makes us uncompetitive compared to other countries. Low income households are struggling and they cant afford to add solar or battery's.
That said I do see the battery subsidy as a sensible follow on to the original solar rebate scheme. There has been a massive Solar PV uptake in Australia since the original solar rebates began around 15 years ago BUT this has never lead to lower power prices for all, just lower bills for some. A large influx of battery's will help to stabilize the grid, making it more reliable for everyone and it may just finally have an effect on actual kW/h prices that we pay, in fact I think it will and it should reduce the costs in transmission line investment required as well. So overall I think well done and I think this may be money well spent by government and may well finally see the price per kW/h here come down to a more reasonable level, time will tell, cheers
Here is a link to have a look if you want. https://www.abc.net.au/news/2025-05-...ined/105257914
I was just reflecting on the new battery subsidy to come into effect soon here in Australia and thought I would share.
So the recently re-elected Govt here in Oz campaigned that they would bring in a battery subsidy in July 2025 that is $372/kWh and tops out at $4K AUS. Now this is obviously great news for those that have solar systems and have been looking to add a battery and for those who were looking to purchase both. I would expect (being around the solar bus for a while) that this will go gangbusters and a lot of battery's and solar will be installed in the next couple of years, the battery subsidy program has a 2.3 Billion budget over 10 years.
The original solar rebates have worked very well here in Australia BUT it has created a bit of an issue in how we deal with baseload power, something has to keep the place going at night and when there is no wind or sun. This lack of any great path forward by either side of politics has seen the price we pay per kWh here in Australia at levels which are frankly ridiculous and unsustainable. This electricity price makes business here very difficult and makes us uncompetitive compared to other countries. Low income households are struggling and they cant afford to add solar or battery's.
That said I do see the battery subsidy as a sensible follow on to the original solar rebate scheme. There has been a massive Solar PV uptake in Australia since the original solar rebates began around 15 years ago BUT this has never lead to lower power prices for all, just lower bills for some. A large influx of battery's will help to stabilize the grid, making it more reliable for everyone and it may just finally have an effect on actual kW/h prices that we pay, in fact I think it will and it should reduce the costs in transmission line investment required as well. So overall I think well done and I think this may be money well spent by government and may well finally see the price per kW/h here come down to a more reasonable level, time will tell, cheers
Here is a link to have a look if you want. https://www.abc.net.au/news/2025-05-...ined/105257914
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