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 in 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 batteriesÂ
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?Â
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.
In Conclusion :
So, what does all this mean for you, the Australian homeowner? It means that the dream of taking control of your own power has never been more within reach. While the price tag on a solar battery system might still seem a little intimidating, the reality is that the investment is now paying itself back faster than ever before. Think of it less as a huge expense and more as a smart financial move that pays off over time.
This isn’t just about saving money, though. The new government rebates and incentives are like a big, helpful nudge from Canberra, making it significantly easier to get started. When you combine those discounts with a battery, you’re not just reducing your bill; you’re gaining something far more valuable: independence. You’ll have the peace of mind that comes with knowing your home is powered by the sun you captured yourself, and you won’t have to worry about blackouts or unpredictable price hikes.
Ultimately, a solar battery system is a practical and powerful step toward a more secure, sustainable, and independent lifestyle. It’s an investment in your home, your family, and a more resilient future for all of us.