Solar Victoria Expands Battery Rebate

 

Solar Victoria’s solar battery rebate has now expanded to include 247 eligible postcodes as of March 7th. The Minister for Solar Homes Lily D’Ambrosio announced on Saturday that households in an extra 143 postcodes across the state are now available to apply for the Solar Homes battery rebate.

solar battery storage

The solar battery rebate provides eligible households who already have an existing solar power system of 5kW or more with a discount up to the value of $4,838 towards installing battery storage.

“This is a great opportunity for households that already have solar panels to capitalise on their solar systems and take greater control of their energy bills.” Minister for Solar Homes Lily D’Ambrosio

The newly added postcodes which are eligible to receive the rebate can be viewed on Solar Victoria’s website here.

On top of the standard eligibility criteria, households must obtain approval to install a battery from their distribution network service and have not received a rebate through the Solar Homes Program previously.

“With 140 new postcodes now added to the list, around 35 per cent of Victorian households are eligible to receive a battery rebate through our Solar Homes program.” Minister for Solar Homes Lily D’Ambrosio

Solar Victoria has also stated that to further strengthen Victoria’s electricity grid, the Labor Government will look to expand the battery rebate program to controlled batteries, microgrids and virtual power plants from July 2020.

Find out what solar and battery rebates you’re entitled to or request 3 obligation-free quotes from local installers to speak to someone directly!

 

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Understanding Batteries

Off-Grid Systems

For some households a battery system can be of great benefit and minimise a home’s reliance on the grid. However, it’s important to understand for a battery to be useful your solar system needs to be generating excess energy for the battery to store, which you can then use at night or when the sun is not out.

When selecting a battery, you’ll want to invest in a system that is most suited to your home and can drive the best return on investment (ROI). Despite a larger upfront cost, a higher quality battery may significantly increase your ROI.

    Battery systems start from $6,000 and costs can vary greatly based on the following factors:

  1. Cycle Life-Time

    The number of times a battery can fully charge and discharge.

  2. Battery Power (kW)

    How fast it can be charged or discharged.

  3. Storage Capacity (kWh)

    The maximum amount of energy a battery system can store.

  4. Battery Management System (BMS)

    An electronic ‘smart’ system that gathers data and manages the battery ensuring it does not overload or operate outside of its safe functioning zone..

  5. Inverter

    Battery systems require their own inverter if your solar system does not have a hybrid inverter.

  6. 'All-In-One Unit’

    A system which includes the battery, BMS and an inverter all in one unit.

  7. Warranty

    Length of time or cycles the battery system is under guarantee.

  8. Blackout Protection/Backup

    It’s important to note this is not a common feature of a battery system and could cost thousands of dollars to include. Blackout protection not only requires additional components but also a specialised installation and rewiring. For grid-connected homes, the cost for blackout protection can outweigh the benefit.

Additionally, if your purpose for adding battery is to go Off-Grid and become completely independent from the grid you will need to ensure your solar system can generate enough energy to power your home and your battery system is large enough to store this energy. For homes in metro areas going Off-grid is not cost effective and is only recommended for those in remote areas with limited access to the grid. Off-grid solar systems with battery start at approximately $30,000.
 

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