{"id":37796,"date":"2020-03-02T07:18:46","date_gmt":"2020-03-01T20:48:46","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=37796"},"modified":"2025-01-02T08:53:34","modified_gmt":"2025-01-01T23:23:34","slug":"nsw-solar-battery-scheme-mb1427","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/nsw-solar-battery-scheme-mb1427\/","title":{"rendered":"NSW Solar + Battery Scheme Finally Kicks Off &#8211; Sort Of"},"content":{"rendered":"<p><img decoding=\"async\" class=\"alignnone size-full wp-image-37797\" src=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/03\/nsw-empowering-homes.jpg\" alt=\"NSW Empowering Homes\" width=\"1200\" height=\"630\" srcset=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/03\/nsw-empowering-homes.jpg 1200w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/03\/nsw-empowering-homes-300x158.jpg 300w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/03\/nsw-empowering-homes-1024x538.jpg 1024w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/03\/nsw-empowering-homes-768x403.jpg 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p>The NSW Government\u2019s Empowering Homes scheme that offers interest-free loans for battery and solar-battery systems launched on Friday as a pilot program.<!--more--><\/p>\n<p>First, a bit of history:<\/p>\n<p>Empowering Homes is the result of <a href=\"https:\/\/www.solarquotes.com.au\/blog\/nsw-solar-battery-loans-mb0933\/\">a commitment<\/a> made by the Berejiklian Government leading up to the NSW State election in March last year.<\/p>\n<p>The Scheme was to offer eligible owner-occupiers across the state with an annual household income of $180,000 or less interest-free loans of up to $14,000 for a solar + battery system or up to $9,000 for adding <a href=\"https:\/\/www.solarquotes.com.au\/battery-storage\/comparison-table\/\">home battery storage<\/a> to an existing solar power system. The program was to be available to \u201cup to 300,000 households\u201d over ten years.<\/p>\n<p>An <a href=\"https:\/\/www.solarquotes.com.au\/blog\/nsw-solar-battery-loans-mb1105\/\">update in June 2019<\/a> indicated the first Empowering Homes systems would be installed during the 2019\/20 summer. In December last year, the design of the <a href=\"https:\/\/www.solarquotes.com.au\/blog\/nsw-empowering-homes-mb1336\/\">scheme was changed<\/a> to a pilot and only incorporating eligible residents in the Hunter region.<\/p>\n<p>On Friday it was announced Empowering Homes was finally live and the pilot will run for up to 12 months.<\/p>\n<p>&#8220;.. the pilot will be available to eligible residents who have postcodes in the areas of Cessnock, Dungog, Lake Macquarie, Maitland, Mid-Coast, Muswellbrook, Port Stephens, Singleton and Upper Hunter,&#8221; states <a href=\"https:\/\/www.energy.nsw.gov.au\/sites\/default\/files\/2024-11\/NSW-2024-Evaluation-Report-Executive-Summary-Empowering-Homes-Program.pdf\">Energy NSW<\/a>.<\/p>\n<p>Homeowners in the areas mentioned can check the <a href=\"https:\/\/energysaver.nsw.gov.au\/households\/solar-and-battery-power\/solar-battery-loan-offer\"> Energy Saver website<\/a> to determine if their postcode is eligible and for application details. Other NSW households can also register their interest in the program, which will be rolled out across the state after the pilot has finished.<\/p>\n<h2>Solar-Only &#8211; The Heavy Lifter In Electricity Bill Savings<\/h2>\n<p>Empowering Homes would have been a fantastic program if solar-only. Around 20.4% of NSW dwellings had panels installed as at the end of September last year (source APVI); behind Queensland (35.7%), South Australia (35%) and Western Australia (28.8%).<\/p>\n<p>As well as significantly boosting New South Wales&#8217; standing in solar uptake, the financial benefits for households would have been greater too.<\/p>\n<p>Below is an example using the <a href=\"https:\/\/www.solarquotes.com.au\/solar-calculator\/\">SolarQuotes solar and battery calculator<\/a> on its default settings for Port Stephens. It&#8217;s based on a good quality <a href=\"https:\/\/www.solarquotes.com.au\/systems\/6kw\/\">6.6kW solar system<\/a> + a &#8220;generic&#8221; 6kWh battery installation; which is around what the $14,000 loan will cover at this point in time\u00a0 (arrows added by me):<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-37798\" src=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/03\/solar-battery-payback.png\" alt=\"solar battery payback\" width=\"1024\" height=\"275\" srcset=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/03\/solar-battery-payback.png 1024w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/03\/solar-battery-payback-300x81.png 300w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/03\/solar-battery-payback-768x206.png 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p>You can see the solar panels are the heavy lifter, while the batteries are the leaner &#8211; greatly extending the simple payback period. On its own, the battery payback in the default scenario is 32 years (most battery warranties are 10 years). Try the calculator for yourself using various scenarios and different batteries as your mileage may vary. But however you slice and dice it, it will show the battery is a *major* drag on simple payback on the overall cost of the system.<\/p>\n<p>The <a href=\"https:\/\/energysaver.nsw.gov.au\/media\/1986\/download\">Empowering Homes guide<\/a> doesn&#8217;t go into the solar-only vs. solar + battery figures, but it does state:<\/p>\n<blockquote><p>&#8220;The purchase of a solar battery system should not be taken lightly. It is a significant financial investment and may only benefit certain households.&#8221;<\/p><\/blockquote>\n<p>.. and on that point it is spot on. But even the scenario where it indicates the households most likely to benefit (page 8) should be carefully considered by those who may fall into it.<\/p>\n<p>If you can afford the up-front <a href=\"https:\/\/www.solarquotes.com.au\/panels\/cost\/\">cost of a solar system<\/a>, then PV-only still provides the best bang for buck for most households.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The NSW Government\u2019s Empowering Homes scheme that offers interest-free loans for battery and solar-battery systems launched on Friday as a pilot program.<\/p>\n","protected":false},"author":17,"featured_media":37797,"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-37796","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-battery-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>NSW Solar + Battery Scheme Finally Kicks Off - Sort Of<\/title>\n<meta name=\"description\" content=\"The NSW Government\u2019s Empowering Homes scheme that offers interest-free loans for battery and solar-battery systems launched on Friday as a pilot program.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.solarquotes.com.au\/blog\/nsw-solar-battery-scheme-mb1427\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NSW Solar + Battery Scheme Finally Kicks Off - Sort Of\" \/>\n<meta property=\"og:description\" content=\"The NSW Government\u2019s Empowering Homes scheme that offers interest-free loans for battery and solar-battery systems launched on Friday as a pilot program.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.solarquotes.com.au\/blog\/nsw-solar-battery-scheme-mb1427\/\" \/>\n<meta property=\"og:site_name\" content=\"SolarQuotes Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SolarQuotes\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-03-01T20:48:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-01-01T23:23:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/03\/nsw-empowering-homes.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Michael Bloch\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@solar_quotes\" \/>\n<meta name=\"twitter:site\" content=\"@solar_quotes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/nsw-solar-battery-scheme-mb1427\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/nsw-solar-battery-scheme-mb1427\/\"},\"author\":{\"name\":\"Michael Bloch\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#\/schema\/person\/66afd571aa00c2e442f0192ebac2f6f1\"},\"headline\":\"NSW Solar + Battery Scheme Finally Kicks Off &#8211; 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