Announced on Tuesday, subsidies of up to $5,000 will be issued by the Victorian Labor Government to 10,000 households installing solar battery storage
to their homes, providing up to $40 million.
This scheme being rolled out by the Victorian Labor Government, adding to it’s various rebates and packages for household solar systems, is contingent upon the Labor Governments re-election to state parliament. This scheme follows the Labor Government’s $1.2 billion project to fund half the cost 4kW household rooftop solar systems, which is expected to help 650,000 other Victorian homes.
The solar battery storage is expected to be use in virtual power plants, allowing neighbouring solar battery systems to share power.
“This is a game changer for Victorian families fed up with big corporations that have been price gouging and ripping consumers off ever since Jeff Kennett and the Liberals privatised our electricity,”, says Daniel Andrews, Victorian Premier.
This announcement has been made only days after a similar scheme has been announced by the South Australian Liberal Government – issuing up to $6000 to 40,000 homes.
Homeowners eligible for this battery storage scheme have existing solar panels
and yearly household incomes of less than $180,000, and is expecting to save households on average $650 per year.