US EditionCheap batteries pledge powers Labor re-election push
- Prime Minister Anthony Albanese announced a plan on May 3, 2025, to reduce home battery installation costs across Australia.
- The initiative responds to rising power bills and aims to support households with rooftop solar amid a faltering renewable energy rollout and spiking coal and gas prices.
- The plan will cut typical battery installation costs by about 30%, saving approximately $4,000 on an 11.5 kWh battery, starting July 1 if Labor is re-elected.
- Government estimates show the subsidy, costing $2.3 billion and expected to achieve one million battery sales by 2030, could save households with new solar and battery systems up to $2,300 annually.
- Widespread battery uptake is projected to lower peak electricity demand and power prices broadly, benefiting even non-participating households while contrasting with the opposition's costly nuclear energy plan.
67 Articles
67 Articles
Falkirk Herald
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Australia's Residential Batteries Plan Will Lower Utility Costs For Its Citizens - CleanTechnica
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Labor Pledges $2.3 Billion to Subsidise Household Batteries
Labor has pledged $2.3 billion (US$1.4 billion) for the subsidisation of household batteries from July if re-elected. The policy provides Australian homeowners with a 30 percent discount on virtual power plant-ready battery systems (5–50 kWh) when installed with new or existing solar panels. While one in three Australian homes have solar panels, only one in 40 have battery storage. Household batteries facilitate the absorption of excess rooftop …
Otago Daily Times
Cheap batteries pledge powers Labor re-election push
Batteries allow households with solar panels to charge the battery during the day and use the power in the evening. Photo: Getty Images Home owners in Australia are being offered thousands off the cost of household batteries as Labor tries to woo voters with promises of cheaper energy.
Australia’s Albanese pledges A$2.3 billion to help homeowners buy solar batteries
SYDNEY (Reuters) – Australian Prime Minister Anthony Albanese on Sunday pledged A$2.3 billion ($1.39 billion) to help homeowners buy batteries to store solar power and lower their energy costs, a major issue in the May 3 general election. Albanese’s centre-left Labor runs neck-and-neck in opinion polls with the Liberal-National opposition led by Peter Dutton, who has campaigned on a plan to lower power bills by forcing LNG gas producers to diver…
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