Solar Battery Rebates NSW
BREAKING NEWS: NSW LABOR & LIBERAL GOVERNMENT SOLAR POLICIES
BREAKING NEWS: This morning New South Wales Labor has announced a major policy , with the intention of having 50% of all electricity consumption within NSW being sourced from Renewables by no later than 2030. The policy announcement comes off the back of other major renewable initiatives, schemes and rebates with have been released of the course of the campaign. A further commitment of to obtain a staggering 100% of all NSW Government electricity consumption from renewables by 2025 was also announced. Read more HERE.
Up to 500,000 families could receive up to $2,200 as part of the NSW Labor Government’s new solar policy, if elected on March 23. This will take NSW to over 1,000,000 homes with solar panels within the next 10 years, creating a virtual power plant and allowing the state to enjoy clean and renewable energy.
A further $11 million will be spent on training and accrediting electricians to facilitate NSW’s planned renewable infrastructure, to ensure the scheme is rolled out under the highest safety standards. Over 13,000 jobs will be created as part of Labor’s solar plan.
WHEN DOES IT START?
This scheme is proposed to start in the 2019-2020 Financial Year.
WHO IS ELIGIBLE?
Owner occupied households earning less than a joined $180,000 will be eligible for this subsidy.
HOW MUCH CAN I EXPECT TO SAVE?
Households are expected to save an average of $600 per year on electricity bills.
HOW DO I GET ACCESS TO THIS SUBSIDY?
To ensure the safe installation of solar panels the program will also support workforce development, training and accreditation of electricians who will install the panels.
HOW MANY HOUSES CAN PARTAKE IN THE SCHEME?
500,000 households to install roof top solar and help reduce their electricity bills over the next 10 years
Since the energy system has been privatised, electricity bill prices have increased by over half.
“This will be a massive boost for families struggling with power bills and a real flip for the NSW solar industry” says John Grimes, CEO of The Smart Energy Council.
“It’s fantastic for families, great for jobs and good news for our climate.”
“The NSW Opposition’s approach is a stark contrast to the Morrison Government, which continues to demonise clean energy and boost polluting coal.”
More information will be provided as it is made available.
In an exciting move for NSW households, up to 300,000 households across NSW could save hundreds of dollars on their power bills each year. This is all thanks to a proposed no-interest loan provided by the NSW Liberals & Nationals Government to purchase solar-battery and battery systems.
HOW MANY HOUSEHOLDS CAN RECEIVE THIS LOAN?
Should this no-interest loan program go ahead in NSW, it is expected that up to 300,000 homes over the course of 10 years will be able to access this loan and install solar and battery storage solutions in their homes. More than 400,000 households and small businesses in NSW are already benefiting from solar or battery power. This proposed no-interest loan will only see the uptake of battery power increase in NSW areas as solar and battery storage becomes more financially accessible.
HOW MUCH MONEY WILL I SAVE?
The NSW Liberals and National Government estimate that families with a quarterly electricity bill of $500 could save up to $285 per year on their electricity bills whilst still repaying the no-interest loans. When the loan is fully paid, these savings could increase to more than $2,000 per year.
Households with quarterly energy bills of $625 could save up to $457 a year while repaying the no-interest loans, and up to $2,200 a year when the loan is fully repaid. Households with quarterly energy bills of $875 could save up to $640 a year while repaying the loans, and up to $2,390 when the loan is repaid.
AM I ELIGIBLE FOR A NO-INTEREST SOLAR AND BATTERY LOAN?
If you’re an owner-occupier of a house with an annual household income of up to $180,000, you may be eligible to access this no-interest loan scheme.
HOW MUCH CAN I OBTAIN A NO-INTEREST LOAN FOR A SOLAR-BATTERY SYSTEM?
The NSW Liberals and National Party have indicated loans of up to $14,000 per solar-battery system will be available for NSW residents, provided they meet all eligibility requirements.
HOW MUCH CAN I OBTAIN A NO-INTEREST LOAN FOR A BATTERY?
For a battery storage system which can be retrofitted to an existing set of solar panels, The NSW Liberals and National Party have indicated loans of up to $9,000 per battery system will be available for NSW residents, provided they meet all eligibility requirements.
WHEN WILL I BE ABLE TO RECEIVE MY NO-INTEREST LOAN?
Currently, the scheme is not yet open and is still proposed by the NSW Liberals and Nationals. More information will be shared as it is released here.
HOW DO I ACCESS THE NO-INTEREST BATTERY AND SOLAR SCHEME?
Authorised installers will be announced by the NSW Government. This will ensure households will receive high quality solar and battery storage systems that will benefit each homeowner as well as the community.
Latest News for NSW Solar Battery Owners:
A new $50 million smart energy program revealed by the NSW Government will utilise home battery storage technologies in NSW homes and businesses to create a virtual power plant with a demand response capability of 200 megawatts, in order to support the grid during peak demand. This will ensure all NSW residents have access to energy when they need it most, on the hottest summer days, for example. By simply feeding their energy into the grid, NSW battery storage owners who participate in the scheme will be rewarded with an NSW Government incentive of up to $1,000 over a three-year period.
Commended by John Grimes, Smart Energy Council CEO, as a smart program with interests of the community, he said, “There is massive community interest in battery storage and this policy will be a significant boost to the solar and storage industry.”
As the $50 million smart energy program becomes available and rolls out across the state, Natural Solar will provide more information about this initiative to ensure you are kept up to date with the latest news.
If you are considering adding a battery storage solution to your home, Natural Solar not only offers the highest quality home solar storage products but can ensure they are ready to contribute to a virtual power plant if required. To find out more, enquire now with our experienced team by calling 1300 060 928, or by filling out the form at the bottom of this page.
NSW Government’s Program to Deliver Clean and Affordable Energy
For many New South Wales residents who are considering adding solar battery power to their home and looking for clean and affordable energy, government subsidies and battery rebates are a hot topic and area of interest. While solar rebates in NSW have long since been a priority for the Government, the move to smart battery programs is a new frontier for renewables in Australia.
By adding a solar battery to your home, not only will you have the opportunity to save money on your household or business energy bills, you will also be improving energy security for your entire community. Also, by storing power produced by solar panels, you can be less reliant on the grid to draw your power.
When it comes to NSW battery rebates and government battery subsidies, there are a number of options available for households and businesses based on your location and requirements.
Regional Community Energy
With energy bills rising 20% year on year, and regional areas seeing higher energy costs than metropolitan areas and bigger cities, the NSW Government are further developing programs for regional households and small businesses to manage and reduce their energy costs.
As these initiatives are further developed, this will see a shift in the number of battery rebates and subsidies available in regional areas including potential proposed opportunities such as:
- Grants for community energy projects that benefit the local community.
- Funding for up to five community energy hubs that improve household and small business access to expert energy advice or initiatives and help reduce bills.
- Funding for regional and remote communities to install emergency backup battery systems for key community evacuation locations, which will also reduce ongoing running costs.
If you’re interested in finding out more about NSW regional community energy initiatives, availability and how this might apply to your community, town or location, read more here or contact our team using the form below.
Smart Batteries for Key Government Buildings
It’s an exciting time for battery power in NSW with energy minister Don Harwin recently announcing government plans to buy up to 900 smart battery systems with a total of 13MW capacity to install alongside rooftop solar on the state’s schools and hospitals.
This $20 million program has been designed to maximise the use of solar power systems installed in key government buildings in NSW with the addition of smart batteries.
Large government buildings are expected to save up to $40,000 each year on electricity bills when combined with a solar power system, while also combining with other solar systems to contribute to grid stability and reliability in peak events and energy emergencies.
For more information about smart batteries for key government buildings, please follow this link.
Additional NSW Energy Rebate Programs
- Emerging Energy Program: Designed to encourage private investment to support the next generation of large-scale energy and battery storage projects in NSW.
- Solar for Low-Income Households: A trial program to provide the opportunity for low-income households in NSW to reduce their electricity bill through rooftop solar. Up to 3,400 households who are eligible for this solar program can choose to forgo their rebate and receive a free 2.5kW solar system. This program will allow households to generate and use solar electricity in their home, with the potential to save more than $600 each year on electricity bills, which is more than double what they would receive from the solar rebate.
There’s no doubt that the future is bright for renewable energy and battery storage with the NSW Government supporting a number of solar power subsidy programs and solar battery rebates. For more information on battery power and how you can add a battery storage solution to your home, please call our knowledgeable team on 1300 060 928 or fill out the contact form below.