{"id":68265,"date":"2022-11-30T07:45:39","date_gmt":"2022-11-29T21:15:39","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=68265"},"modified":"2024-10-01T14:15:50","modified_gmt":"2024-10-01T04:45:50","slug":"home-battery-subsidies-sec-mb2734","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/home-battery-subsidies-sec-mb2734\/","title":{"rendered":"Unleashing Renewable Energy Storage With Home Battery Subsidies?"},"content":{"rendered":"<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-68266\" src=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/11\/home-battery-subsidies.jpg\" alt=\"Home battery subsidies in Australia\" width=\"1200\" height=\"630\" srcset=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/11\/home-battery-subsidies.jpg 1200w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/11\/home-battery-subsidies-300x158.jpg 300w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/11\/home-battery-subsidies-1024x538.jpg 1024w, https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/11\/home-battery-subsidies-768x403.jpg 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p>A Private Members Bill introduced in February aiming to make home batteries cheaper may have lapsed, but its spirit lives on in recent recommendations from the Smart Energy Council.<!--more--><\/p>\n<p>In order to achieve 82% renewables or a 43% emissions reduction by 2030, the Smart Energy Council says Australia&#8217;s going to need *a lot* of battery storage &#8211; including a bunch of <a href=\"https:\/\/www.solarquotes.com.au\/battery-storage\/\"> home batteries<\/a>.<\/p>\n<p>Many of Australia&#8217;s solar power system owners are willing and wanting to install a home battery, but cost remains a major barrier. There are <a href=\"https:\/\/www.solarquotes.com.au\/rebates-subsidies\/\">some subsidies<\/a> and &#8220;no interest&#8221; loan schemes available in several states and territories, but the cupboard is bare at a national level.<\/p>\n<p>In February 2022, Member for Indi Dr. Helen Haines introduced a Private Members Bill \u2013 the Renewable Energy (Electricity) Amendment <a href=\"https:\/\/www.solarquotes.com.au\/blog\/cheaper-batteries-bill-2355\/\"> (Cheaper Home Batteries) Bill 2022<\/a>. The legislation sought to reduce the up-front cost of installing solar batteries by including residential energy storage under Australia&#8217;s Small-scale Technology Certificate (STC) scheme; which is part of the Small-scale Renewable Energy Scheme (SRES). STCs are the mechanism directly connected to the national &#8220;solar rebate&#8221;.<\/p>\n<p>Dr. Haines&#8217; bill lapsed on 11 April 2022 with the calling of the federal election.<\/p>\n<p>Last week, the Smart Energy Council released a report titled &#8220;Unleashing Renewable Energy Storage&#8221;. The Executive Summary states:<\/p>\n<blockquote><p>&#8220;We need household battery storage, electric vehicles as batteries on wheels, community and commercial battery storage, large-scale storage and long duration solar thermal and pumped hydro, underpinned by national, state and territory Renewable Energy Storage Targets.&#8221;<\/p><\/blockquote>\n<p>On the household battery storage front, the report says modelling underpinning the Albanese Government&#8217;s commitment to 82% renewable energy in the electricity grid assumed &#8220;8 gigawatts&#8221; of capacity. I wasn&#8217;t able to quickly locate the modelling mentioning 8 gigawatts, but that is a shedload of batteries. Even if the Council meant 8 *gigawatt-hours* of capacity, it&#8217;s still a lot &#8211; equivalent to more than 595,000 <a href=\"https:\/\/www.solarquotes.com.au\/battery-storage\/reviews\/tesla-powerwall-2-review.html\">Tesla Powerwalls<\/a>.<\/p>\n<p>Getting back to costs and on a related note, the <a href=\"https:\/\/www.solarquotes.com.au\/blog\/powerwall-prices-australia-mb2670\/\">price of Tesla Powerwall recently went up &#8211; again<\/a>. There are <a href=\"https:\/\/www.solarquotes.com.au\/blog\/tesla-powerwall-alternatives\/\">alternatives to the Powerwall<\/a> offering the same sort of functionality (<a href=\"https:\/\/www.solarquotes.com.au\/battery-storage\/comparison-table\/\">and other solar batteries<\/a>), but storage will remain out of reach for many Australians for the foreseeable future.<\/p>\n<p>Which leads us to&#8230;<\/p>\n<h2>Including Home Batteries (And Electric Vehicles) In The SRES<\/h2>\n<p>In the report&#8217;s section on home batteries, the Council has recommended a change to SRES regulations:<\/p>\n<blockquote><p>&#8220;Changes in Provision 19D covering the certificates to be created, whereby households can have installed with an appropriately sized battery*, conditional to be Virtual Power Plant* ready as is the case in South Australia, or capable of smart managed charging would receive 15 years of certificates to 2030.&#8221;<\/p><\/blockquote>\n<p>The notes on the asterisks indicate a battery could be a stand-alone battery or an EV with <a href=\"https:\/\/www.solarquotes.com.au\/electric-vehicles\/v2l-v2g-v2h\/\"> \u2018bidirectional\u2019 charging capability<\/a>, and briefly <a href=\"https:\/\/www.solarquotes.com.au\/battery-storage\/virtual-power-plants\/\">define a Virtual Power Plant<\/a>. The reference to South Australia is a bit dated as SA&#8217;s <a href=\"https:\/\/www.solarquotes.com.au\/blog\/sa-battery-subsidy-closed-mb2569\/\">subsidy was axed<\/a> by the Malinauskas Government some months ago.<\/p>\n<p>The Smart Energy Council&#8217;s recommendation is a little different to what Dr. Haines put forward in her Bill, which proposed a sliding scale of certificate issue depending on installation date. The inclusion of electric vehicles is also an interesting twist.<\/p>\n<p>Among the thorny issues with both approaches is 15 years of certificates from the get-go. For example, many home battery warranties only cover 10 years, and capacity degradation during a battery&#8217;s life also need to be considered. Another big question is would such a scheme increase the base cost of home batteries in Australia as the various players seek to cash in.<\/p>\n<p>But the Smart Energy Council has also offered an alternative recommendation not involving tinkering with the SRES &#8211; the Australian Government could consider implementing no-interest loans at a national level.<\/p>\n<p>The full &#8220;Unleashing Renewable Energy Storage&#8221; report <a href=\"https:\/\/smartenergy.org.au\/wp-content\/uploads\/2022\/11\/Unleashing-Renewable-Energy-Storage_1_DIGITAL-1.pdf\">can be viewed here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Private Members Bill introduced in February aiming to make home batteries cheaper may have lapsed, but its spirit lives on in recent recommendations from the Smart Energy Council.<\/p>\n","protected":false},"author":17,"featured_media":68266,"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-68265","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>Unleashing Renewable Energy Storage: Home Battery Subsidies?<\/title>\n<meta name=\"description\" content=\"A Private Members Bill introduced in February aiming to make home batteries cheaper may have lapsed, but its spirit lives on.\" \/>\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\/home-battery-subsidies-sec-mb2734\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Unleashing Renewable Energy Storage With Home Battery Subsidies?\" \/>\n<meta property=\"og:description\" content=\"A Private Members Bill introduced in February aiming to make home batteries cheaper may have lapsed, but its spirit lives on.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.solarquotes.com.au\/blog\/home-battery-subsidies-sec-mb2734\/\" \/>\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=\"2022-11-29T21:15:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-10-01T04:45:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/11\/home-battery-subsidies.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\/home-battery-subsidies-sec-mb2734\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/home-battery-subsidies-sec-mb2734\/\"},\"author\":{\"name\":\"Michael Bloch\",\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#\/schema\/person\/66afd571aa00c2e442f0192ebac2f6f1\"},\"headline\":\"Unleashing Renewable Energy Storage With Home Battery Subsidies?\",\"datePublished\":\"2022-11-29T21:15:39+00:00\",\"dateModified\":\"2024-10-01T04:45:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/home-battery-subsidies-sec-mb2734\/\"},\"wordCount\":633,\"commentCount\":3,\"publisher\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.solarquotes.com.au\/blog\/home-battery-subsidies-sec-mb2734\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/11\/home-battery-subsidies.jpg\",\"articleSection\":[\"General Solar &amp; 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