Home Battery

South Australia’s Home Battery Scheme means lower electricity costs for the 40,000 households who purchase a system.  In addition, the installation of these systems will reduce demand on the network (especially during peak periods) and in turn, lower energy prices for all South Australians.

With a subsidy of up to $6,000 on the cost of a battery and low interest finance available if needed, there has never been a better time to invest in solar and a battery for your home.

Cost?

Pricing has not been finalised.  A review of current websites puts a large home battery at approximately $15,000 installed.

Virtual Power Plant?

A Virtual Power Plant (VPP) is a network of home solar photovoltaic (PV) and battery systems working together to generate and store energy, and feed into the grid.

A VPP enables the provision of cheaper, solar-generated power for the households connected to it and for the wider community.

Some retailers are offering a VPP in the Adelaide metro region to solar/battery households.  In a VPP, a retailer will sell a part of your battery storage on the open market to make money.  The retailer will then pay you a fee.  In some cases the fee is $5,000 over 4 years.  This effectively further reduces the cost of owning a battery.  This is on top of the SA Government subsidy of up to $6,000.

RDAWEP and EPLGA are negotiating to get a VPP for Eyre Peninsula.