In 2019 the SA Government announced a $100 million subsidy fund to support the installation of Home Battery Storage systems to allow residents to capitalise on their unused solar energy and decrease late afternoon/evening demand on the states electricity infrastructure.
This subsidy scheme, designed to implement the installation of us to 40,000 Home Battery Storage solutions. The idea, to provide a rebate to incentivise more battery storage installations to create a more independent energy community across the state.
So how does it work?
- Any resident in South Australia can apply through a ‘Qualified System Provider’ for the rebate, granted based on the amount of battery storage you are installing.
- A ‘Qualified System Provider’ is a solar installer who has been accredited under the Home Battery Scheme. To become a ‘Qualified System Provider’ an installer must first be accredited as an Approved Solar Retailer by the Clean Energy Council. This accreditation aims to increase regulation and quality control within the solar industry by setting a code of conduct and set of installation practice benchmarks to ensure the quality of systems is being held to a reliable standard.
- A subsidy of $500 per usable kWh of storage is granted, up to a maximum of $6,000. If you hold an energy concession, you are entitled to $600 per usable kWh of storage installed.
- Say you install an LG Chem RESU10H – with 9.3kWh of usable storage, you would be entitled to $4,650 off of the cost of your system.
What do I need to do to be eligible?
- Be a South Australian resident – tenant or homeowner, the scheme does not discriminate.
- The premises must be predominantly residential.
That’s it. Pretty straightforward!