The solar battery rebate: what you need to know

Australian Community Media

The federal government’s new solar battery rebate offers Aussie households 30% off eligible systems, so is now the right time to buy? This video includes ACM-produced voiceover powered by AI.

Transcript

00:00A solar battery stores unused energy from rooftop panels during the day,

00:05so you can power your home at night,

00:07meaning way cheaper energy bills and less reliance on the grid during peak pricing.

00:12And as of July 1, Aussies installing solar batteries can get 30% off the cost,

00:18thanks to the federal government's Cheaper Home Batteries program.

00:22At a time that would have cost me peak usage rates,

00:25I was getting my energy for free to top up the car.

00:28The rebate applies nationally and tapers off each year until 2030.

00:34So if you're a homeowner, is now the time to dive in?

00:38Battery systems are now cheaper than ever.

00:41Prices have dropped by more than 25% since 2020 and pay themselves off faster.

00:47Households usually recoup costs in just five to six years.

00:51With solar feed-in tariffs plummeting during daylight hours and power prices surging at night,

00:56solar batteries could save you potentially hundreds annually.

01:01Approved batteries between 5 kWh and 100 kWh qualify,

01:06though EV batteries are excluded.

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