Good news, folks. NSW has a new home battery incentive coming in, set to save homeowners thousands of dollars on the cost of a battery system (which in turn would save thousands on energy costs with an appropriate solar setup in place). However, there’s just once catch – it’s not being introduced until November.
Let us explain. From November 1, homeowners will be able to access the incentive through approved suppliers. From the get-go, it includes between $1,600 and $2,400 off the cost of installing a home battery or business .
However, for households that are yet to install solar panels, the savings will count towards the installation of a full system. You might want to consider adding a home battery to your solar system, because it essentially gives you access to excess power generated by your solar panels, for use when your solar panels can’t harness anything from the sun (such as at night, in storms, or in particularly cloudy weather). It’s an upfront cost, sure, but it unlocks savings down the road that you otherwise wouldn’t have access to.
On top of these two things, an incentive of between $250 and $400 is being offered when connecting to a . Three years later, homeowners will be able to claim the incentive a second time around. The amount offered to homeowners goes up depending on the capacity they’re looking to install.
That name, a Virtual Power Plant, may be foreign to you; it’s essentially what the NSW Government refers to as a collective of house.
