{"id":32437,"date":"2019-08-30T12:40:47","date_gmt":"2019-08-30T02:10:47","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=32437"},"modified":"2024-12-10T08:43:22","modified_gmt":"2024-12-09T23:13:22","slug":"canberra-battery-subsidy","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/canberra-battery-subsidy\/","title":{"rendered":"Canberra’s Battery Subsidy Is Up To $24,450"},"content":{"rendered":"
\"Solar

ACT has a powerful battery rebate, but only 3 battery sales companies are allowed to be part of it.<\/p><\/div>\n

Do you live in the ACT and want the highest solar battery rebate in Australia?\u00a0 Well, you can’t have it! The only way you can get that is to move your ACT arse to SA.\u00a0 If you come to Adelaide be sure to bring some kangaroos with you because, unlike Canberra, we never see them hopping through the suburbs here.<\/p>\n

But if you want the country’s second highest battery subsidy, stay right where you are.\u00a0 The ACT Next Generation Energy Storage Grants scheme<\/a> gives $825 for every kilowatt of continuous power your battery system can provide.\u00a0 Most Canberra homes, and many small businesses, have single phase power, which lets them install a solar battery that can provide up to 5 kilowatts of continuous power for a maximum subsidy of $4,125.\u00a0 This is 69% of South Australia’s $6,000 maximum.<\/p>\n

Unlike in South Australia, the only limit to the subsidy is the amount of power your battery is permitted to supply to the grid.\u00a0 So a home or business with three phase power could install a massive — and very expensive — solar battery system that can provide up to 30 kilowatts of continuous power and receive a subsidy of up to $24,450.<\/p>\n

Update 3rd September 2019:<\/strong> The subsidy figures above don’t include GST and so will be $907.50 per kilowatt for households.\u00a0 For a 5 kilowatt home battery this will come to $4,537.50.\u00a0 In the unlikely event a 30 kilowatt home battery is installed it will come to $27,225. <\/em><\/p>\n

The ACT subsidy is unique in Australia because it uses kilowatts of power output rather than kilowatt-hours of stored energy.\u00a0 But there are a lot of politicians in Canberra, so it’s not surprising they’re a bit power mad.<\/p>\n

If anyone in the ACT was hoping their politicians have created a subsidy that will help them save money, I have some bad news.\u00a0 Canberra has the lowest electricity prices in the nation, so there is no way even a subsidised battery can save a normal family money.\u00a0 I can’t even see how an abnormal family can come out ahead.\u00a0 If you want to install a battery for reasons other than saving money, that’s fine.<\/strong>\u00a0 Just don’t spend money you can’t afford to lose.<\/p>\n

Another misfortune is the ACT subsidy is only available from 3 suppliers.\u00a0 I presume politicians are trying to cover their arses by limiting battery sales to companies they trust to do safe work.\u00a0 But in my opinion, lowering the cost of solar batteries<\/a> for households by using tax revenue1<\/a><\/sup> to provide a subsidy and then acting to increase prices by restricting competition is as stupid as holding a maggot convention in a hen house.<\/p>\n

The ACT’s $24,450 Is More Than SA’s $6,000!<\/h2>\n

While few households are eligible for more than $4,125 of subsidy without upgrading their power supply to three phase,2<\/a><\/sup> the maximum subsidy of $24,450 is more than South Australia’s maximum of $6,000.\u00a0 So if you want to claim the ACT’s subsidy is the largest in absolute terms, then yes, you can do that.\u00a0 Congratulations on winning a subsidy measuring contest.\u00a0 See Al Pacino for your fabulous prize:<\/p>\n