{"id":27825,"date":"2019-02-11T06:43:59","date_gmt":"2019-02-10T20:13:59","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=27825"},"modified":"2019-02-11T10:29:55","modified_gmt":"2019-02-10T23:59:55","slug":"nsw-solar-battery-loans-mb0933","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/nsw-solar-battery-loans-mb0933\/","title":{"rendered":"NSW Government Strikes Back With Battery\/ Solar + Storage Support"},"content":{"rendered":"
\"NSW

Image: NSW Liberal<\/p><\/div>\n

New South Wales’ Berejiklian Government is hoping to win votes with its promise of interest-free loans for solar batteries and solar power + battery systems.<\/p>\n

After NSW Labor’s solar rebate pledge<\/a> was announced on the weekend, the pressure was on the Berejiklian Government to pull something out of its hat to win the positive attention of NSW home solar supporters in the leadup to the March 23 state election. While it has demonstrated backing for large-scale PV projects<\/a>, nothing was on the table on the small-scale residential PV<\/a> side of things.<\/p>\n

On Sunday, Premier Gladys Berejiklian announced the NSW Liberal’s and Nationals’ 10-year Empowering Homes program, which will provide no-interest loans for the purchase solar batteries and solar power + storage systems. It’s understood the program will be available to “up to 300,000 households” over the ten years; assuming of course the Berejiklian Government is still in power after March 23.<\/p>\n

In order to be eligible for the no-interest loans, applicants will need to be owner-occupiers and have an annual household income of up to $180,000. Loans of up to $9,000 for a solar battery<\/a> system and up to $14,000 per solar + storage system will be available.\u00a0How long the interest-free loan period will be wasn’t mentioned and there’s not much other detail at this point in time.<\/p>\n

Suppliers and installers for the Empowering Homes Program will be selected through a competitive tender process and the initiative will also be utilised to encourage battery manufacturing in NSW.<\/p>\n

Commenting on the Empowering Homes program, Premier Berejiklian said<\/a>:<\/p>\n

“Embracing new technology is a good way for many people to access cheaper energy \u2013 putting more money back into the pockets of hard working households.”<\/p><\/blockquote>\n

But will it? Probably not for those taking up the offer in the short term, assuming it kicks off very soon after the election.<\/p>\n

While the cost of solar batteries is expected to drop over time, currently in most cases batteries will still not pay for themselves<\/a> before the warranty expires. Also, installing batteries as part of a solar installation has a negative impact on payback rather than making it better. The NSW Government said the initiative will cut emissions, but according to SQ’s Ronald, that’s not the case when it comes to batteries<\/a>.<\/p>\n

Regardless, the Clean Energy Council seems quite positive about this and NSW Labor’s announcements.<\/p>\n

“Substantive clean energy announcements from both the New South Wales Government and the Opposition this weekend show that both major parties have recognised the importance of the issue to voters ahead of the state election next month,” it said<\/a>.<\/p><\/blockquote>\n

While NSW Labor has taken a leaf out of Victorian Labor’s playbook with its Solar Homes policy<\/a>, the Berejiklian Government’s Empowering Homes program is closer to Queensland’s<\/a> (but without the grants) and a dash of SA’s Home Battery Scheme thrown in.<\/p>\n","protected":false},"excerpt":{"rendered":"

New South Wales’ Berejiklian Government is hoping to win votes with its promise of interest-free loans for solar batteries and solar power + battery systems.<\/p>\n","protected":false},"author":17,"featured_media":27826,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[678],"tags":[],"class_list":["post-27825","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-battery-news","entry"],"acf":[],"yoast_head":"\nNSW Government Strikes Back With Battery\/ Solar + Storage Support<\/title>\n<meta name=\"description\" content=\"The Berejiklian Government is hoping to win votes with its promise of 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It appears at this stage it will be a close race, with the two major parties pretty much tied on the two-party preferred\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Labor vs. Coalition - solar energy","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/03\/labor-coalition-solar.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/03\/labor-coalition-solar.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/03\/labor-coalition-solar.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/03\/labor-coalition-solar.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/03\/labor-coalition-solar.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":28130,"url":"https:\/\/www.solarquotes.com.au\/blog\/nsw-labor-solar-skills-mb0948\/","url_meta":{"origin":27825,"position":1},"title":"NSW Labor’s Latest Solar Power Pledge – Solar Skills Program","author":"Michael Bloch","date":"February 21, 2019","format":false,"excerpt":"A Labor Government in New South Wales will invest $11 million to train and accredit the thousands of electricians that will be needed for work generated by the party's Solar Homes Policy. Earlier this month, NSW Labor leader Michael Daley committed to a rebate of up to $2,200 per instance\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"NSW Labor Solar Skills Program","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/labor-solar-skills.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/labor-solar-skills.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/labor-solar-skills.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/labor-solar-skills.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/02\/labor-solar-skills.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":35810,"url":"https:\/\/www.solarquotes.com.au\/blog\/nsw-empowering-homes-mb1336\/","url_meta":{"origin":27825,"position":2},"title":"NSW Empowering Homes Solar Battery Program Update","author":"Michael Bloch","date":"December 19, 2019","format":false,"excerpt":"Many New South Wales households eager to take advantage of the State Government's Empowering Homes program are going to need to wait quite a while longer. The Empowering Homes initiative is a commitment made by the Berejiklian Government in the lead-up to the NSW State election earlier this year. It\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Empowering Homes - New South Wales","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/12\/nsw-empowering-homes.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/12\/nsw-empowering-homes.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/12\/nsw-empowering-homes.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/12\/nsw-empowering-homes.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2019\/12\/nsw-empowering-homes.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":23717,"url":"https:\/\/www.solarquotes.com.au\/blog\/community-renewables-nsw-mb0717\/","url_meta":{"origin":27825,"position":3},"title":"Funding For Renewable Energy Projects In NSW Regional Communities","author":"Michael Bloch","date":"August 22, 2018","format":false,"excerpt":"$85 million has been earmarked by the NSW State Government for clean energy programs in the state's regional communities. Announced yesterday by New South Wales Premier Gladys Berejiklian, the projects will help reduce power bills in beneficiary communities and also pressure on the grid, which will assist in lowering future\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Community renewable energy - New South Wales","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/08\/community-renewables-nsw.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/08\/community-renewables-nsw.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/08\/community-renewables-nsw.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/08\/community-renewables-nsw.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":60088,"url":"https:\/\/www.solarquotes.com.au\/blog\/nsw-battery-loans-2400\/","url_meta":{"origin":27825,"position":4},"title":"NSW Solar Battery Loans Go Begging","author":"Michael Bloch","date":"March 21, 2022","format":false,"excerpt":"New South Wales' Empowering Homes Program (remember that?) still appears to be stuck in pilot mode. Back in February 2019 in the lead-up to the State election, then-Premier Gladys Berejiklian committed to the Empowering Homes program. If the Liberal\/National party coalition were returned to power, the initiative would offer no-interest\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"NSW Empowering Homes solar battery loans","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/03\/nsw-empowering-homes.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/03\/nsw-empowering-homes.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/03\/nsw-empowering-homes.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/03\/nsw-empowering-homes.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/03\/nsw-empowering-homes.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":38051,"url":"https:\/\/www.solarquotes.com.au\/blog\/nsw-regional-energy-mb1440\/","url_meta":{"origin":27825,"position":5},"title":"NSW Regional Community Energy Project Funding Winners Announced","author":"Michael Bloch","date":"March 11, 2020","format":false,"excerpt":"The Berejiklian Government has announced recipients sharing in more than $15 million in grants for community energy projects in regional areas across New South Wales. Energy Minister Matt Kean said seven projects will be supported by the Regional Community Energy Fund, which provides grants to community energy projects that create\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"NSW Regional Community Energy Fund grants","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/03\/community-energy-grants.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/03\/community-energy-grants.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/03\/community-energy-grants.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/03\/community-energy-grants.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/03\/community-energy-grants.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/27825","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/comments?post=27825"}],"version-history":[{"count":3,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/27825\/revisions"}],"predecessor-version":[{"id":27833,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/27825\/revisions\/27833"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media\/27826"}],"wp:attachment":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media?parent=27825"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/categories?post=27825"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/tags?post=27825"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}