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5d ago

Cheaper Home Batteries Program Spurs Record Installations, ACCC Seeks Stronger Protections

Government consultations on retail pricing follow record household registrations under the battery subsidy.

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Overview

  • Over 19,000 households registered for solar batteries in July under the $2.3 billion Cheaper Home Batteries Program, peaking at 1,400 installs in one day.
  • SunWiz analysis showed the average capacity of batteries installed reached 17 kWh, exceeding the typical 10–12 kWh range.
  • If current uptake continues, Australians could install more than 220,000 home batteries in 2025, up from 72,500 in 2024.
  • The ACCC’s Electricity Inquiry Report found that combined solar and battery systems deliver average electricity bill savings of around 40 percent.
  • The ACCC has warned that emerging risks require stronger consumer protections and Energy Minister Chris Bowen announced consultations on retail price safeguards and market oversight.