'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.

  • hitmyspot@aussie.zone
    2·
    15 hours ago

    As the price to remain connected increases and more and more people have batteries, more people will choose to go off grid. It makes the economics even better, so long as you have enough storage.