NSW Battery Rebate

Effective 1 November 2024

The NSW Government announced on Friday, 24 May, a new battery rebate program for
residential and small business batteries installed from this date onward.

BESS1 & BESS 2

For eligible installations, Accredited Certificate Providers (ACPs) such as Ecovantage can create PRCs where an eligible battery is installed at a home (BESS1&2) or small business (BESS1 only) with existing Solar PV, or at the same time as Solar PV is being installed.

BESS1 – For a new battery installation

BESS2 – For a new battery installation being connected to a VPP

For an existing battery being connected to a VPP

PDRS Battery Rebate

This new rebate is part of the existing Peak Demand Reduction Scheme (PDRS), a program by the NSW Government that operates alongside the NSW Energy Savings Scheme (ESS).

Starting 1 November 2024, the PDRS will include residential battery installations as an eligible technology.

Install a battery and lower the cost of your new battery purchase.

Starting 1 November 2024, new incentives for battery installation will be available.

To take advantage of these incentives, you’ll need to partner with a local installer who works with an accredited supplier.

You can receive a discount on installing a battery if you already have a solar system at your home or small business, or the discount can be factored into a quote for a combined solar and battery installation.

 

Adding a battery can offer several benefits, including:

– Storing and using more solar energy, which can help lower your electricity bills
– Keeping your power on during outages
– Reducing your environmental footprint by increasing your use of renewable energy.

This initiative is designed to decrease electricity demand during peak times and mitigate the risk of power outages in NSW.

Expanding battery installations throughout NSW will strengthen the grid’s reliability and stability, while also lessening our reliance on fossil fuels during high-demand periods. This effort aims to cut emissions in NSW by 70% by 2035 and achieve net zero by 2050.

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