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Australia's solar battery program spurred record adoption, cutting peak demand and risking fund exhaustion by 2026.
Australia's $2.3 billion Cheaper Home Batteries Program has driven a surge in solar battery installations, with over 136,000 units sold since July, sparking concerns the fund may be exhausted by mid-2026.
Daily installations have risen to 1,800, up from 1,500, fueled by a 30% rebate on small-scale batteries paired with rooftop solar.
The program has triggered a 400% increase in pre-launch inquiries and a 120% rise in ongoing interest.
Widespread adoption is already helping flatten peak electricity demand by shifting energy use to daylight hours.
Experts say extending the rebate could further stabilize the grid by expanding virtual power plants, where households sell stored solar energy back to the grid during high-demand periods, potentially lowering bills and improving reliability.
El programa de baterías solares de Australia estimuló una adopción récord, reduciendo la demanda máxima y arriesgando el agotamiento de los fondos para 2026.