These schemes are designed to encourage households to invest in renewable energy technology and reduce their reliance on the grid. By storing excess Solar energy generated during the day, homeowners can use it during peak times when electricity prices are higher or when there is a power outage.
The subsidies and rebates offered vary by state and are typically based on the capacity of the battery system installed. Some states also offer additional incentives for low-income households or those living in bushfire-prone areas.
Home battery schemes can help reduce electricity bills, increase energy independence, and contribute to a cleaner and more sustainable energy future. They are also a way for homeowners to take control of their energy usage and reduce their carbon footprint.
If you are considering installing a home battery system, it is important to research the available schemes in your state and consult with a reputable installer to determine the best option for your home.