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flag Australia's solar battery program spurred record adoption, cutting peak demand and risking fund exhaustion by 2026.

flag 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. flag Daily installations have risen to 1,800, up from 1,500, fueled by a 30% rebate on small-scale batteries paired with rooftop solar. flag The program has triggered a 400% increase in pre-launch inquiries and a 120% rise in ongoing interest. flag Widespread adoption is already helping flatten peak electricity demand by shifting energy use to daylight hours. flag 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.

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