With the results of the recent election in, the Federal government’s solar battery rebate has been given the green light.
This new rebate means a substantial upfront discount — about $350 per useable kilowatt-hour (kWh). With most batteries costing around $1,000 per kWh, this equates to a discount of around 30% and thousands of dollars of savings!
For example, on a 10kWh home battery, you can save more than $3100.
Here are some important things to know:
- the rebate applies to systems between 5kWh and 50kWh
- you can only claim it once
- you can claim the battery rebate on a new battery storage system, even if you have an existing battery
- homes, small businesses and community facilities are all eligible
- your new battery can be installed now, but cannot be switched on until after 1 July 2025
For those of us in NSW, the rebate can be claimed alongside the existing NSW government battery incentive, meaning even bigger savings (up to $2400).
There’s never been a better time to get battery storage. Talk to us today about how you can make the best of this opportunity and start saving.
DISCLAIMER: Precise details of the new rebate scheme may change prior to implementation. Please refer to federal government website for the most up to date information.
