South Australia Home Battery Scheme
From October this year, 40,000 South Australian households will have access to $100 million in State Government subsidies and $100 million in loans to pay for the installation of home battery systems.
The subsidy will be available to all South Australians, however Energy Concession Holders will be able to access a higher subsidy, ensuring low-income households are supported to access the Scheme.
While the subsidy will be applied to the battery only, households will be able to apply for finance made available through the Commonwealth Government’s Clean Energy Finance Corporation to purchase new or additional solar panels as well as the battery system.
The subsidy will be scaled in line with the size of the home battery system being installed, calculated on the kilowatt hour capacity of the battery.
A dedicated website will be available in October to assist homeowners consider their suitability for a home battery system, choose between approved products and system providers, access the subsidy and apply for finance, if required.
To supply and install eligible home battery systems under the Scheme, industry providers will be required to first qualify as a System Provider.
In assessing applications, priority will be given to System Providers that commit to installing approved battery systems that are manufactured or assembled in South Australia.