The South Australian Home Battery Scheme aims to support the adoption of renewable energy and reduce electricity costs for households. By installing a Solar battery storage system, homeowners can store excess energy generated by their Solar panels during the day and use it during peak times or at night when electricity prices are higher.
To be eligible for the subsidy, households must meet certain criteria, such as having an existing Solar PV system, being connected to the grid, and using an approved battery system. The subsidy amount varies depending on the size of the battery and the location of the household.
In addition to the subsidy, eligible households can also apply for a low-interest loan to help cover the upfront costs of purchasing and installing a Solar battery storage system. This can make it more affordable for homeowners to invest in renewable energy and reduce their reliance on the grid.
Overall, the South Australian Home Battery Scheme is a great initiative that not only helps households save money on their electricity bills but also contributes to reducing greenhouse gas emissions and building a more sustainable energy future.