Since the launch of the Home Battery Scheme in October 2018, the uptake of the Scheme has continued to increase, with the number of subsidy applications being made each month rapidly accelerating towards the end of 2019.
The subsidy levels and cap will now start decreasing from 15 April 2020, and will continue to decrease over time as uptake of the Scheme increases.
As of April 15, 2020, the the maximum subsidy is $4,000 for eligible customers. See table below for further details.
Subject to credit approval, additional low-interest finance will be available to assist participating households pay for the balance of the home battery storage system, as well as new or additional solar panels if needed.
|New subsidy (effective April 15)|
|Energy concession holder||$400 per kWh|
|All other households||$300 per kWh|
|Max. subsidy per battery installation||$4000|
Your choice of battery
Suntrix is pleased to offer you a choice of quality brands – Sonnen, Alpha-ESS and Tesla Powerwall. When making your decision on the best battery for your home, there are several things you should take into consideration:
- The size of your existing solar PV system – is it adequate for your year-round storage needs or do you want to upgrade to a bigger system to ensure your battery is working the best it can in winter as well as summer?
- How important is back-up functionality for you in the event of power black-outs?
- Do you have an appropriate space for the battery to be installed?