Subsidies to reduce from 15 April 2020
Since the launch of the Home Battery Scheme in October 2018, the uptake of the Scheme has been very positive, with the number of subsidy applications being made each month rapidly accelerating towards the end of 2019.
To ensure the Scheme is able to meet its objective of issuing up to 40,000 subsidies, the subsidy levels and cap will now start decreasing from 15 April 2020.
New subsidy levels and cap will take effect from Wednesday 15 April 2020.
|Step One subisdy Effective 29 October 2018 - 14 April 2020||Step Two subsidy Effective 15 April 2020|
|Energy concession holder||$600 per kilowatt hour (kWh)||$400 per kilowatt hour (kWh)|
|All other households||$500 per kilowatt hour (kWh)||$300 per kilowatt hour (kWh)|
|Maximum subsidy per battery installation||$6000||$4000|
Subsidy applications that are lodged and conditionally approved before Wednesday 15 April 2020, will be eligible for the Step One Subsidy levels ($500 per kWh / $600 per kWh non-concessional) and cap ($6,000).
Subsidy applications lodged on Wednesday 15 April onwards will be subject to the Step Two Subsidy levels and cap.
Households can ensure that they recieve the current subsidy levels by:
- requesting and accepting a quote from a System Provider
- working with their System Provider to ensure that they have received conditional approval for their subsidy within the Ratesetter platform by midnight, Tuesday, 14 April 2020
- ensuring that their System Provider installs their approved home battery system within the timeframes outlined in the Scheme's Subsidy Terms of 12 months for new builds and 6 months for all other properties.
The South Australian Government will be monitoring uptake throughout the year and further incremental reductions in the subsidy may occur before the end of the year.