How much is the subsidy for the Canberra energy storage project

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How much is the subsidy for the Canberra energy storage project

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Canberra''s Battery Subsidy Is Up To $24,450

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FAQS 4

How much does solar power cost in Canberra?

Most Canberra homes, and many small businesses, have single phase power, which lets them install a solar battery that can provide up to 5 kilowatts of continuous power for a maximum subsidy of $4,125. This is 69% of South Australia’s $6,000 maximum.

What is the act next generation energy storage program?

The ACT government’s Next Generation Energy Storage (Next Gen) program, initially launched in 2016, is one of the most ambitious battery storage incentive schemes in Australia, aiming to subsidise the installation of batteries for roughly 5,000 homes and small businesses.

How many solar batteries will Australia's incentive scheme subsidise?

A government-backed incentive scheme established to accelerate the introduction of distributed solar energy storage in the Australian Capital Territory is to be wound up having achieved its target of subsidising the installation of about 5,000 batteries over the past seven years.

How much subsidy does a solar battery system get?

Unlike in South Australia, the only limit to the subsidy is the amount of power your battery is permitted to supply to the grid. So a home or business with three phase power could install a massive — and very expensive — solar battery system that can provide up to 30 kilowatts of continuous power and receive a subsidy of up to $24,450.

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