US EditionCheap batteries pledge powers Labor re-election push
- Prime Minister Albanese pledged $2.3 billion for household battery subsidies, aiming for cheaper energy.
- Rising power bills and a faltering renewable energy rollout prompted the new energy initiative.
- The policy, starting July 2025, offers a 30% discount, cutting about $4,000 from battery costs.
- Albanese stated that Labor's priority is cost-of-living relief, aiming for cheaper and cleaner energy, while Dutton proposed nuclear plants.
- This initiative expects over one million new battery installations by 2030, potentially saving households up to $2,300 annually and reducing grid reliance.
67 Articles
67 Articles
Falkirk Herald
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Australia's Residential Batteries Plan Will Lower Utility Costs For Its Citizens - CleanTechnica
Australia is proposing a new $2.3 billion subsidy program for residential storage batteries that it says will benefit everyone, The post Australia’s Residential Batteries Plan Will Lower Utility Costs For Its Citizens appeared first on CleanTechnica.
Labor Pledges $2.3 Billion to Subsidise Household Batteries
Labor has pledged $2.3 billion (US$1.4 billion) for the subsidisation of household batteries from July if re-elected. The policy provides Australian homeowners with a 30 percent discount on virtual power plant-ready battery systems (5–50 kWh) when installed with new or existing solar panels. While one in three Australian homes have solar panels, only one in 40 have battery storage. Household batteries facilitate the absorption of excess rooftop …
Otago Daily Times
Cheap batteries pledge powers Labor re-election push
Batteries allow households with solar panels to charge the battery during the day and use the power in the evening. Photo: Getty Images Home owners in Australia are being offered thousands off the cost of household batteries as Labor tries to woo voters with promises of cheaper energy.
Australia’s Albanese pledges A$2.3 billion to help homeowners buy solar batteries
SYDNEY (Reuters) – Australian Prime Minister Anthony Albanese on Sunday pledged A$2.3 billion ($1.39 billion) to help homeowners buy batteries to store solar power and lower their energy costs, a major issue in the May 3 general election. Albanese’s centre-left Labor runs neck-and-neck in opinion polls with the Liberal-National opposition led by Peter Dutton, who has campaigned on a plan to lower power bills by forcing LNG gas producers to diver…
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