'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.

  • repomonkey@aussie.zone
    3·
    12 hours ago

    FFS. We had 12.75kw of panels installed on the roof and a 13.5kw battery in the garage six months ago, and we weren’t under any illusion as to the money we’d get feeding back into the grid. It was literally the last thing on our minds. We use all the power we can during the day (washing machine, dishwasher, tumble dryer all set to come on at about 11am), cook the big meal on the induction hob at lunchtime, run the aircon all day long. On sunny days the battery’s full before midday. In the evening the battery kicks in and sees us through to about 11pm if we’ve been running the aircon and right through to the next day if not. Zero expectations in this household for earning money from the electricity we produce.