Solar battery subsidies light the way forward

The ACT’s Minister for the Environment Simon Corbell recently made a huge announcement: his government are going to lead the charge with solar power system battery storage by launching a pilot program that will offer up to $600,000 in subsidies to families and businesses in Canberra over the next four years.

This is incredibly exciting news – and hopefully the start of nation-wide support for solar batteries around Australia.

Minister Corbell noted the program will be rolled out from early 2016 across more than 5000 homes and businesses in Canberra, and that this is a move towards embracing the battery storage market “predicted to be worth $400 billion by 2030”.

“Our own market research indicates that the ACT is an ideal launching pad for both national and international businesses seeking to get a head start in this exciting emerging industry,” he said.

The ACT’s forward-thinking move follows the lead of the Adelaide City Council in South Australia, who launched the Sustainable City Incentives Scheme on 1st July, 2015.

This impressive program offers generous incentives to businesses, home-owners, residents and community groups of up to $5,000 when they install solar energy systems and up to $5,000 when they install energy storage systems, with additional incentives available such as up to $1,000 for solar hot water systems.

The South Australia government also announced a $1.1 million battery storage demonstration project in July, which will see battery storage systems installed in high profile public locations (such as the Museum and Art Gallery of SA, which both have rooftop solar systems already in place) to demonstrate their efficiency in energy load management and energy cost reductions.

This sort of visionary thinking from our local and state governments provides the perfect support for anyone looking to embrace a better, cleaner energy future, and we hope to see the other states and territories of Australia soon follow suit.

You can find out more about these subsidies here, request an instant quote for a Tesla Powerwall solar solution here or give us a call at Natural Solar on 1300 060 928 and one of our friendly staff would be happy to talk you through what it means for you and your plans to convert to solar.

NOTE:

First link: http://www.cmd.act.gov.au/open_government/inform/act_government_media_releases/corbell/2015/act-set-to-become-a-world-leader-in-energy-storage-innovation

Second link: http://www.adelaidecitycouncil.com/your-council/funding/sustainable-city-incentives-scheme/

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By ChrisWilliams | January 21st, 2016 | Categories: Tesla Energy Powerwall
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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.