New Battery Incentives for NSW Residents - Now Available!
The NSW Government has launched a new home battery incentive program offering significant savings for residents and businesses. Eligible participants can receive between $770 and $1150 and $1600 and $2400 off the upfront installation cost of a household battery for homes and businesses with existing solar systems.
Maximise Solar Energy with Peak Demand Reduction Scheme (PDRS) Incentives
Homes and businesses with rooftop solar can benefit from the Peak Demand Reduction Scheme (PDRS) incentives, promoting the installation of residential battery storage. These incentives can help maximise the use of solar energy and significantly reduce electricity bills.
Benefits of Installing Batteries in NSW
- Enhanced Grid Reliability: More batteries across NSW will make the grid more reliable and stable.
- Reduced Fossil Fuel Reliance: Helps reduce reliance on fossil fuels during peak demand periods.
- Environmental Impact: Contributes to reducing NSW’s emissions by 70% by 2035 and achieving net zero by 2050.
Wondering if a battery is right for you? Learn about the six factors to consider if you're thinking of installing a home battery storage system.
NSW Government Battery Incentive Details
If you’re eligible, you could access incentives such as:Unlike a rebate, the discount on the installation cost of your battery is provided as an incentive to an accredited supplier. The accredited supplier will pass on the discount to you via your chosen local installer.
The incentive is proportional to the usable capacity of the battery in kilowatt-hours (kWh). Larger batteries will receive a larger incentive. If you’re eligible, discounts range between:
- $770 and $1150 when you install a new 6.5 kWh battery
- $1600 and $2400 when you install a new 13.5 kWh battery
For homes and businesses without solar, the incentive can be included in a quote for a new solar and battery system installation.