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ikt@aussie.zone to Australia@aussie.zoneEnglish · 1 month ago

“Huge win:” Federal Labor unveils $2.3bn plan to slash home battery costs by 30 pct

reneweconomy.com.au

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“Huge win:” Federal Labor unveils $2.3bn plan to slash home battery costs by 30 pct

reneweconomy.com.au

ikt@aussie.zone to Australia@aussie.zoneEnglish · 1 month ago
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“Huge win:” Federal Labor unveils $2.3bn plan to slash home battery costs
reneweconomy.com.au
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Federal Labor unveils plan to dramatically boost home battery uptake in Australia, through a national scheme that would cut the up-front cost of installation by thousands of dollars.
  • dumblederp@piefed.social
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    1 month ago

    Money for home owners who can afford it. It’s a good idea but it doesn’t help the bottom rung very much.

    • ikt@aussie.zoneOP
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      1 month ago

      the main thing it will do is lower peak time demand which is when electricity prices peak the most, so it should lower electricity prices

      those on the bottom rung also get:

      https://www.theguardian.com/environment/commentisfree/2025/apr/08/labor-cheaper-household-batteries-policy-power-grid-renewable-energy-price

      Labor has made some steps to address these shortfalls, but could go further. It initially committed $300m to upgrade social housing with better insulation, electric appliances and solar, and last year lifted it to $800m in a deal with the Greens. It is expected to be enough to improve a quarter of Australia’s social housing stock.

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