The NSW Government has just revealed an unprecedented $50 million smart energy scheme for battery power technologies in homes and businesses across NSW.
The aim is to create a virtual power plant with a demand response capacity of 200 MW and capable of supporting the electricity network during peak periods!
By installing an eligible solar battery and participating in the program, NSW residents will not only support the grid, but also make extra savings, up to $1,000 over a 3-year time frame, from the NSW Government incentive.
Whilst solar panels have been growing in popularity across Australia, the move to solar batteries has been much slower. The latest announcement concerning solar battery rebates in NSW however, is likely to encourage more people to install battery systems in their homes, saving themselves even more money on their energy bills.
The solar battery rebates in NSW have come about because the NSW government aims to use home battery storage technology to create a virtual power plant. This will support NSW energy needs during peak demand periods, such as on very hot days during summer. It is hoped that incentives of up to $1000 over a 3-year period will encourage NSW residents and businesses to install battery systems and feed excess energy into this virtual grid.
Solar battery rebates and other initiatives in regional NSW
Regional businesses are able to access a number of solar battery rebates in NSW, as well as grants for community energy projects. There is also funding for both regional and remote communities to install emergency battery systems at key locations, such as in town halls.
Community hubs help regional areas
Community hubs will also be developed to provide information to residents on how to save energy at home and initiatives to bulk buy solar systems that will help people to better afford solar power. Low income households also have the option of installing a free 2.5kW system if they forgo their solar rebate. This latter offer is a great deal, because households will save around $600 per year on their power bills, compared to receiving only $300 as a rebate.
Government buildings go solar!
Smart battery systems will also be provided to schools, hospitals and other government buildings that already have a solar system in place, helping them to save even more money on energy bills.
NSW commits to solar technology
With a commitment from the NSW government to deliver more clean and affordable energy, the addition of solar battery rebates in NSW is seen as a positive move in the right direction. Residents with solar power installations can now not only reduce their reliance on the grid even further, but they will also be helping their community to manage their energy resources.