Energy independence is now easier and cheaper than ever! With the federal government's massive new Cheaper Home Batteries Program and a variety of state incentives, there's never been a better time to jump into battery storage. But which state gives you the best bang for your buck? We've ranked them from best to worst, including how you can combine state and federal incentives.
WA is currently leading the pack with the upcoming WA Residential Battery Scheme launching on July 1, 2025. Synergy customers can snag up to $5,000, and Horizon Power customers up to $7,500, plus interest-free loans up to $10,000. Stack this with the federal rebate and you're looking at unbeatable savings.
NT homeowners enjoy a hefty state rebate of $400 per kWh (up to $5,000). Combine this with the federal program (30% discount), and your battery costs dramatically drop.
NSW offers a strong battery subsidy of up to $4,000, plus an additional $500 if participating in a Virtual Power Plant (VPP). Pair this with the federal rebate for substantial savings. The upcoming changes in feed-in tariffs also make batteries highly attractive here.
Victorians don't have direct rebates, but the Solar Homes Program provides interest-free loans up to $8,800 for battery systems, greatly lowering upfront costs. When combined with the federal rebate, the overall deal is impressive.
The Energy Saver Loan Scheme offers interest-free loans up to $10,000 for batteries and other energy-efficient upgrades. While no direct rebates are available, the loans help ease upfront expenses, particularly when paired with federal incentives.
ACT’s Next Generation Energy Storage Program provides interest-free loans to make battery installations more accessible. No direct rebates, but still a decent option, especially when stacking with federal discounts.
QLD lacks specific state-level battery subsidies, but regional councils sometimes offer local incentives. The federal subsidy still significantly reduces the cost, especially given QLD’s abundant sunshine.
Previously a leader with the Home Battery Scheme (now closed), SA currently has no direct state rebates. However, strong VPP programs still provide attractive long-term financial benefits. Federal incentives remain essential here.
For example, a popular 13.5 kWh Tesla Powerwall could receive around $5,000 off with this federal subsidy alone.
Australia, now is your golden opportunity to slash energy bills, achieve greater independence, and future-proof your home.
Check your state incentives, stack them with the federal rebates, and take your first step toward energy freedom today!
Let's get smart, save money, and power the future together!