Guide to the NSW Government Home Battery Rebate
As of November 1, 2024, a new round of battery incentives is set to kick in, making it an excellent time to upgrade your solar setup. To get the most out of these opportunities, it’s essential to partner with a trusted supplier like E-Smart Solar, who has the expertise and credentials to guide you through the process.
Homeowners and businesses with existing solar installations will soon be able to take advantage of the Peak Demand Reduction Scheme (PDRS) incentives. These incentives are designed to help you install residential battery storage and connect to a Virtual Power Plant (VPP), allowing you to make the most of your solar energy generation and reduce your electricity bills.
How will the rebate work?
If you’re eligible, 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.
Battery incentive FAQs
Yes, you’ll need to have rooftop solar installed on the premises and use an approved supplier under the PDRS to install the battery.
The battery is also required to be within nominal capacity of 2kWh to 28kWh.
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.
The incentive is not a direct rebate to customers. It’s usually provided as an upfront discount by the approved supplier that installs the battery or operates the VPP.
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.
E-Smart Solar will provide you the available options.
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.
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.
Unfortunately, no. The PDRS aims to reduce the load on the electricity grid. Off-grid batteries cannot help reduce the load.
Choose E-Smart Solar
for your Solar & Battery Solutions
