00:00More Australians, like Neil Kumar, are installing battery systems on their homes so they can
00:09store their excess solar.
00:11It makes sense to actually recycle the energy that I'm producing in my own house rather
00:18than feeding it back to the main grid.
00:21Neil says the cash that he gets from his energy retailer for his excess solar, known as a
00:27feed-in tariff, has dramatically reduced.
00:30Fits are varying across the country.
00:32In 2020, homeowners in the nation's biggest state were getting on average about 10 cents
00:38per kilowatt hour.
00:40Now they're getting almost half that at 5.8 cents.
00:44What we're seeing is more and more solar getting installed on roofs, which is a great thing,
00:48but that's meaning there's a supply glut.
00:50But this energy economist says they're getting more attractive for households that use a
00:55lot of power.
00:57In combination with steeply rising grid prices and steeply falling sales prices for export
01:04of solar surpluses, batteries I think are making a lot more sense for many customers.
01:10The Clean Energy Council is calling for federal grants to make home batteries more affordable.
01:16The federal government says it's already giving households low-interest loans to help them
01:21buy things like batteries.
01:23The opposition says it's worried this scheme is a mirage and it's yet to release its own
01:29household battery policy.
01:31Neither has the Greens.
01:33And as we get closer to the election, the Greens will be pushing the government to do
01:37more to help people get batteries into their homes.
01:40Homes like Neil's that can afford to stay cool this summer.
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