Subsidies reduced from 15 April 2020

Since the launch of the Home Battery Scheme in October 2018, the uptake of the Scheme has continued to increase, with the number of subsidy applications being made each month rapidly accelerating towards the end of 2019.

 

The subsidy levels and cap will now start decreasing from 15 April 2020, and will continue to decrease over time as uptake of the Scheme increases.

 

What is the current subsidy?

 

The following subsidy levels are available for all Home Battery Scheme applications lodged from 15 April 2020:

Energy concession holder $400 per kWh
All other households $300 per kWh
Maximum subsidy per battery installation $4,000

 

Subsidy applications that were conditionally approved before 15 April 2020 are eligible for the Step One subsidy levels and cap, provided the approved home battery system is installed within the timeframes outlined in the Scheme's Subsidy Terms of 12 months for new builds and six months for all other properties. Subsidy applications lodged on 15 April 2020 onwards are eligible for the Step Two subsidy.

 

 

Step One Subsidy

Effective 20 Oct 2018 - 14 April 2020

Step Two Subsidy

Effective 15 April 2020 - now

Energy concession holder $600 per kWh $400 per kWh
All other households $500 per kWh $300 per kWh
Maximum subsidy per battery installation $6,000 $4,000

 

 

Will the subsidy change again?

 

The subsidy will continue to be phased down as uptake of the Scheme increases.