Natural Solar predicts: Battery boom of 300% following South Australia residential battery subsidy announcement.

Natural Solar predicts: Battery boom of 300% following South Australia residential battery subsidy announcement.

The residential battery power subsidy announced today by the South Australian government, coupled with the first sonnenBatterie manufacturing location announced in South Australia, has the market predicted to boom exponentially with projected growth of 200-300% in South Australia alone within 12 months of these subsidy taking effect in market based on analysis of enquiries by leading Australian battery installer Natural Solar.

“Customers are already driven by the attractive pricing model, independence from the grid and stability that a solar and battery solution can provide. This subsidy will mean that South Australian residents, who crave this reliability the most, will no longer need to pay any money upfront to have their solar and battery solution installed and will reap the benefits of savings from day one. It’s the benefits of battery power, with a $0 spend when batteries are manufactured in South Australia, says Chris Williams, CEO & Founder of Natural Solar.

“We are delighted to continue to partner with sonnen as one of their key installers in Australia and its particularly exciting to see they will now be manufacturing their batteries on Australian soil in South Australia. For the past 18 months, grid instability and battery power have been a major discussion topic to solve this statewide issue in South Australia,” says Chris Williams, CEO & Founder of Natural Solar. “Based on this, South Australia is one of our most dominant markets, with customers clamouring for residential options that will not only encourage savings, but also offer much needed security and stability. Its hugely exciting to see sonnen on the ground in Adelaide and expected to commence manufacture of their batteries during 2018″

“The battery subsidy announcement is a necessity and a strong move for the South Australian government. Much like the solar boom that took place from 2009-2012, this will be the move that will bring battery power into the mainstream market and make this form of technology available to the masses. It is truly an exciting day for residents of South Australia and will encourage other states and territories around the country to sit up and take notice.”

“With an unprecedented volume of residential and commercial solar and battery enquiries following this momentous announcement, there is no doubt these newly announced subsidy will influence the decisions of many homeowners to move toward the growing trend of battery power,” concluded Mr Williams.

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These costs are based on the SA Power network in Adelaide but prices may vary depending on your circumstances. This comparison assumes a general energy usage of 4000kWh/year for a residential customer on Energy Locals Time of Use Tariff – (TOU – Peak, Off-Peak & Solar Sponge).

The reference price is set by the Australian Energy Regulator (AER) for a financial year in relation to electricity supply to residential customers in the distribution region and is based on an assumed annual usage amount. Any difference between the reference price and the unconditional price of a plan is expressed as a percentage more or less than the reference price. The terms of any conditional discounts are shown, along with any further difference between the reference price and the discount applied if a condition is met, expressed as a percentage more or less than the reference price.