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Store and save with Solar Batteries

A “Smart” battery captures any unused solar power generated during the day, for later use at night and on low-sunlight days. Installations that include batteries are increasingly popular. There’s a real attraction to being as independent as possible from the grid; for most people it’s not just an economic decision, but also an environmental one, and for some it’s an expression of their wish to be independent of energy companies.

Batteries deployed in South Australia and Victoria, operate under a completely different revenue profile which is progressively making more sense.

“Solar export limits” have been put in place by four of Victoria’s five distribution companies due to concerns the rapidly growing supply of power being pumped into Victoria’s network from home rooftop units will begin to disrupt the state’s power grid, which they control.

The block on export means people who install new solar systems won’t get paid for all or, in some cases any excess energy (currently solar owners are paid 10 cents per kilowatt-hour generated; this falls to 6 cents an hour in July).

By investing in solar with smart battery storage for your home, you in-turn protect your household from the rising cost of importing energy from the grid. Future proofing your home against rising costs, to minimise your future spend on electricity.

At Enervest we help determine your costs upfront (including incentives and rebates) and your annual benefits.

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Rebates & incentives

When investing in solar, you may be eligible for a range of state and federal government rebates or incentives.

These rebates can significantly reduce the up front purchase price and installation costs of your solar system.

Solar schemes vary between states, so we’ve compiled a quick list of current incentives available so you don’t have to go searching!

The national government provides an incentive for homes to install solar systems via the Small-Scale Energy Scheme. Every eligible solar system is issued with small-scale technology certificates (STCs). The number of certificates is based on the power generated and your location.

The total amount you will received will vary, as the price or value of STCs can change depending on market conditions.

More detailed information on calculating the amountand value of STCs can be found on the Clean Energy Regulator website.

The Victorian state government are subsidising the cost of installing solar and solar battery storage systems.

Eligible households can claim a discount on the cost of a solar panel power system, up to a maximum rebate of $1,850.

Eligible households can also claim a discount on the cost of a solar battery system, up to a maximum rebate of $4,174.

Households can also apply for an interest free loan for solar panels, up to the amount of their rebate.

You can find out more about Victoria’s solar rebates here.

If you are an eligible household or small business, the Queensland government is providing interest-free loans and grants for solar systems and solar battery storage.

Click here for more information and to see if you are eligible.

The ACT has committed to subsidising up to 5000 solar battery storage systems in homes and businesses through their Next Generation Energy Storage Grants program.

Find out more about the Next Generation program here.

If you are an eligible household in South Australia, you can qualify for a subsidy up to $6,000 and low interest finance on solar battery systems. 

Find out more about the South Australia’s Home Battery Scheme.

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