Australia is seeing a rise in the popularity of solar panels, and for good reason!
However, what if you could capture solar energy and store it for use at any time of day or night? That is the
potential of solar battery storage, a hot topic in the energy sector.
A growing number of Aussie’s are searching for solutions to reduce their energy
consumption and improve their environmental impact. Although solar panels offer an option to use the grid, are solar
battery system cost Australia financially worthwhile? Let’s examine the advantages and determine whether solar
batteries are a good fit for your house.
Solar battery system cost Australia
In Australia, solar battery storage price Australia typically falls between $1,000 and
$2,000 per kilowatt-hour (kWh) of storage capacity. For example, a 4kWh solar battery charger
might cost between $4,000 and $8,000.
Several factors will affect the final cost, including:
Battery size: Larger batteries are more expensive but have the capacity to store
more energy.
Brand and quality: Batteries with varying brands and standards of quality will
cost varying amounts.
Cost of installation: The cost may vary depending on how difficult it is to
install the battery system.
Optional solar panels: To produce the electricity your battery will store, you’ll
need to account for the cost of adding solar panels if you don’t currently have any. Installing a solar panel system
might cost anywhere from $2,000 and $12,000, depending on the size of the system.
The table below shows the average cost of solar system batteries in Australia from
various installers across Australia.
| Battery Size | Battery Only Price* |
| 3kWh | $3,930 |
| 8kWh | $9,600 |
| 13kWh | $16,120 |
| 18kWh | $23,760 |
*The price only includes battery installation only. A hybrid or battery-ready system
must already be in place.
Rebates available for solar system batteries
As one of the best Australian solar company, we are here to
tell you some of the rebates that are available for the installation of solar system batteries.
NSW
With savings of between $1,600 and $2,400 on home battery installations, a new battery
refund programme is set to commence in November of 2024. The size of battery you select will determine the precise
amount you are eligible for and how much you will pay for solar battery system cost australia.
Victoria
Victorians can apply for a special loan from Solar Victoria. Although the $8,800
interest-free loan is intended to reduce the initial expense, there are a few considerations that must be made. You
must be the homeowner, meet the income requirements, and have a solar panel system installed that is at least 5kW in
order to be eligible.
ACT
For solar and battery system installations in your home, the government provides a
zero-interest loan up to $15,000. This programme is an excellent way to save money and lessen your impact on the
environment since it is available to a large number of homeowners and can be used for other eco-friendly
improvements.
Are solar batteries worth the price you are paying for?
Similar to most rechargeable batteries, solar batteries have a finite lifespan.
Depending on how frequently they discharge and recharge (cycles), they usually last 5 to 15 years. A battery’s
lifespan increases with its cycle count. Due to this, battery life is frequently expressed in cycles, where a
greater cycle count denotes a more durable battery.
If you want to further lower your electricity expenditures with your solar panels, solar
batteries are an alluring choice. They do, however, have a significant up-front expense. Even though they might save
you a lot of money over time, you should consider your budget and energy requirements when comparing the initial
cost.
Although solar batteries have advantages including less environmental impact and backup
power during blackouts, not everyone can afford their upfront cost. However, solar batteries might be a wise
purchase for people who value both a greener lifestyle and peace of mind during blackouts.
