New Battery Incentives for NSW Residents - Prepare Your Home or Business

The NSW Government is set to launch a new home battery incentive program offering significant savings for residents and businesses. Eligible participants can receive between $1600 and $2400 off the upfront installation cost of a household battery for homes and businesses with existing solar systems. Additionally, there's an extra incentive of $250 to $400 for connecting a battery to a Virtual Power Plant (VPP), which can be claimed a second time after three years.

Maximise Solar Energy with Peak Demand Reduction Scheme (PDRS) Incentives

Homes and businesses with rooftop solar will soon benefit from the Peak Demand Reduction Scheme (PDRS) incentives, promoting the installation of residential battery storage. These incentives will help maximise the use of solar energy and significantly reduce electricity bills.

Benefits of Installing Batteries in NSW

  • Enhanced Grid Reliability: More batteries across NSW will make the grid more reliable and stable.
  • Reduced Fossil Fuel Reliance: Helps reduce reliance on fossil fuels during peak demand periods.
  • Environmental Impact: Contributes to reducing NSW’s emissions by 70% by 2035 and achieving net zero by 2050.

Wondering if a battery is right for you? Learn about the six factors to consider if you're thinking of installing a home battery storage system. 

NSW Government Battery Incentive Details

If you’re eligible, you could access incentives such as:

  • Upfront Installation Cost Savings: Between $1600 to $2400 off the upfront installation costs of a battery for homes and businesses with existing solar, depending on battery size.
  • VPP Connection Incentive: Between $250 to $400 for connecting your household or business battery to a Virtual Power Plant (VPP). This incentive is available twice, with a minimum of 3 years apart.

For homes and businesses without solar, the incentive can be included in a quote for a new solar and battery system installation.

Eligibility for NSW Battery Rebates & Incentives

To qualify for these incentives, you must:

  • Have an existing solar system or be purchasing rooftop solar.
  • Purchase a new battery.
  • Use a certified installer.
  • Meet the requirements for eligible batteries.

Availability and How to Get Started

The battery incentives will be available from 1 November 2024. Contact your local Solahart dealer today to arrange an in-home quote and ensure you’re among the first to redeem all available incentives.

For more information, visit the NSW Government page on Incentives for Residential Batteries.

Range of Batteries at Solahart

Adding solar battery storage to your solar power system allows you to store your unused energy so you can use it when you need it (at night, on low-sunlight days, when utility rates are more expensive or during blackouts). Batteries in our range include Tesla Powerwall, SolarEdge Home Battery, and GoodWe batteries. 

Learn about our full range of energy storage solutions here. 

 

Yes, I'd like learn more about battery incentives

To find out more about our great offers, or to get an accurate in-home solar assessment, please call 1300 721 984 or fill in your details below.

The following errors were found:

Get smart, switch to Solahart today

The incentive is not a direct rebate to customers. It’s usually provided as an upfront discount by the approved supplier, such as Solahart, that installs the battery or operates the VPP. 

Approved suppliers are known as Accredited Certificate Providers (ACPs). These are businesses that have been accredited by the Scheme Administrator (IPART) to conduct specific installations and upgrades under the Peak Demand Reduction Scheme. Solahart is an ACP. 

The incentives will be available from 1 November 2024 to give the Scheme Administrator (IPART) time to establish its compliance processes, accredit the approved suppliers and engage and train staff for conducting audits. 

Virtual Power Plants (VPPs) are systems of interconnected batteries managed by a VPP operator. When needed, the VPP coordinates the release of energy stored in the batteries to the grid to address frequency and voltage imbalances, local disruptions or disturbances and keep the network stable.    

Participation in a VPP means that customers will agree to have their battery managed by a VPP operator. The battery owner and VPP operator will define the individual details, such as dispatch conditions, in the agreement. 

The PDRS provides an incentive for proof that a battery has joined a VPP. 

Customers can receive financial incentives for joining a VPP, lowering the payback time of their solar and battery system. 

Yes, you’ll need to have rooftop solar installed on the premises and use an approved supplier under the PDRS to install the battery. 

Generally, installers will provide a quote that states both the cost of the battery and the installation separately. However, installers have full discretion to choose how they quote, and some may instead provide a single all-inclusive price. 

We recommend keeping a record of communications that clearly states the inclusions and exclusions of a quote before any money changes hands.  

This is to be consistent with schemes in other Australian states.  Most eligible sites will only need batteries under 28kWh. The national average energy use for a five-person household is 25kWh per day. 

The installation incentive will only be available for new battery installation.  The VPP participation incentive is available for already-installed batteries, provided that the battery is signed onto a VPP, has 6 years of the manufacturers’ warranty remaining and meets the equipment requirements.