Minister Chris Bowen has announced a Federal Government battery subsidy to be implemented from 1 July 2025 (subject to Federal Labor being re-elected). The Cheaper Home Batteries subsidy will amount to $370 per kWh of installed, useable battery storage. For a typical residential battery size, this will equate to an approximate 30 per cent up-front discount.
The maximum supported battery size under the subsidy is 50 kWh useable (though larger batteries can be installed), representing a potential discount of $18,500. Most typical installations, ranging between 12 and 16 kWh, will receive a discount of $4,440 to $5,920.
Further details available here: