'It's a scam': As solar feed-in tariffs plunge, battery demand surges
www.abc.net.au
Once as high as 60 cents per kilowatt hour, solar feed-in tariffs are now as low as just a few cents for some. While 4 million households have rooftop solar, home battery storage systems sit at around 320,000 — but take-up has surged as the economics improve.

In short:

Around 75,000 battery storage systems were installed last year, up 47 per cent from 2023.

Current modelling estimates the payback time on a battery system at around eight years for a typical household.

What’s next?

A wide range of experts, including a former RBA deputy governor, are calling for the federal government to introduce household battery subsidies to encourage uptake.

  • Taleya@aussie.zoneEnglish
    2·
    15 hours ago

    This is where I really really wish we had more takeup on the Neighbourhood Battery Scheme in vic. It’s fucking brilliant. Excess is poured into the batteries from surrounding houses, they can island in the event of a grid failure, it deals with the irregularities in a PV feed in a way that constant-current transformers can’t and it means that the haves make things a little cheaper for the have nots.