NSW government introduces subsidized batteries for solar homes, offering up to $2400 savings and incentivizing Virtual Power Plant connection.
The NSW government is introducing a plan offering subsidized batteries to homes with solar panels, aiming to save households up to $2400 on upfront costs. The initiative, part of the Peak Demand Reduction Scheme, also includes a $250-$400 incentive for connecting batteries to a Virtual Power Plant system. This program, starting in November, aims to boost the reliability of the state-wide electricity grid, reduce energy bills, and support NSW's transition to renewable energy.
May 23, 2024
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