NSW Solar Battery Rebate
WHAT IS THE NSW SOLAR BATTERY REBATE?
From November 1 2024, there will be a new NSW Solar Battery Rebate which is an initiative to help home and business owners afford solar battery systems.
Homeowners and businesses with existing rooftop solar systems will soon be able to take advantage of the Peak Demand Reduction Scheme (PDRS) incentives to further help cut the cost of your electricity bills.
If you’re eligible for this rebate, you could access incentives:
- between $1600 to $2400 off the up-front installation costs of a battery for homes and businesses with existing solar, depending on the size of the battery
- between $250 to $400 for connecting your household or business battery to a Virtual Power Plant (VPP). This incentive is available twice, a minimum of 3 years apart.
For homes and businesses without solar, the incentive can be priced into a quote for a new solar and battery system installation.
Eligible customers will also be able to connect to a VPP, allowing you to make the most of your solar energy generation and reduce your electricity bills.
WHAT ARE THE ELIGIBILITY REQUIREMENTS?
The eligibility requirements are as follows:
- Have an existing or are installing a rooftop solar system on the premise
- The battery must be installed by an approved supplier under the PDRS
- The battery must be between 2 kWh and 28 kWh in capacity
- The battery must be new
Approved suppliers are known as Accredited Certificate Providers (ACPs). These are businesses that have been accredited by the Scheme Administrator (IPART) to conduct specific installations and upgrades under the Peak Demand Reduction Scheme.
HOW DOES THE REBATE WORK?
Applying for battery rebates is typically a simple process:
Speak with our friendly staff at Soltek Energy. We’ll guide you every step of the way from checking if you’re eligible, selecting the best-suited, eligible solar battery and installing the battery in your home or business.
Just like with the STC scheme (solar rebate), we will apply the rebate directly to the cost of the system and manage the reimbursement process once everything is set up.
If you want to check if you’re eligible for the rebate, contact Soltek Energy today.
FAQs
Are there any requirements to be eligible for the NSW Solar Battery Rebate?
The incentives will be available from 1 November 2024 to give the Scheme Administrator (IPART) time to establish its compliance processes, accredit the approved suppliers and engage and train staff for conducting audits.
Can I pick the make and model of the battery that I install?
Yes. Provided that the model appears on the approved product list specified by the Scheme Administrator and all the equipment and implementation requirements specified in the Rule are met.
Soltek Energy will provide you the available options.
Can I receive an incentive for a battery that is already installed?
The installation incentive will only be available for new battery installation. The VPP participation incentive is available for already-installed batteries, provided that the battery is signed onto a VPP, has 6 years of the manufacturers’ warranty remaining and meets the equipment requirements.
What is a Virtual Power Plant?
Virtual Power Plants (VPPs) are systems of interconnected batteries managed by a VPP operator. When needed, the VPP coordinates the release of energy stored in the batteries to the grid to address frequency and voltage imbalances, local disruptions or disturbances and keep the network stable.
Can I receive the NSW Solar Battery Rebate if I am off-grid?
Unfortunately, no. The PDRS aims to reduce the load on the electricity grid. Off-grid batteries cannot help reduce the load.