NSW government to subsidise solar batteries in renewables initiative

📆 5/23/2024 11:58 PM
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Households and businesses that already have solar panels on their roofs are eligible to buy cheaper, subsidised batteries to store solar energy.

Under the new incentive, the state government will subsidise between $1600 and $2400 of the upfront installation cost for the battery for homes with solar panels.Solar batteries will become more accessible for NSW residents as the state launches a subsidised battery initiative. For homes without any solar panels, the initiative will be considered in the quote for solar and battery installation.

Minister for Climate Change and Energy Penny Sharpe said the initiative will help the state's transition to renewable energy and families save on electricity bills.

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