Australia's New Home Battery Rebate Program: Big Savings on the Way

Australia Launches Cheaper Home Batteries Program Australia is set to make home batteries more accessible to its citizens with the launch of the "Cheaper Home Batteries Program." Starting July 1st, the program will provide a 30% rebate on the cost of installing home batteries, a move welcomed by many environmentally conscious Australians. The program aims to reduce reliance on fossil fuels and promote sustainable energy solutions. "The batteries have always been a bridge too far," said one Sydney resident, highlighting the previous cost barrier to home battery adoption. The program is expected to significantly lower this barrier. The rebate isn't the only incentive. New South Wales residents can receive additional rebates of up to $4,000, while those in Perth can get up to $5,000. Victoria is offering zero-interest loans for those looking to invest in home batteries. This tiered approach ensures that the benefits reach a wider range of Australians. While installation costs typically range from $10,000 to $14,000, the combined rebates and loans make home battery ownership a more realistic prospect for many households. The program is a significant step towards a greener future for Australia.