Labor Announces $2.3 Billion Solar Battery Subsidy Ahead of Election
The program offers a 30% discount starting July 2025, aiming to install 1 million batteries by 2030 and reduce energy costs, but critics highlight limited accessibility for renters and low-income households.
- Prime Minister Anthony Albanese unveiled the Cheaper Home Batteries Program, a $2.3 billion initiative offering a 30% discount on household solar battery systems starting July 1, 2025.
- The subsidy is expected to save eligible households up to $4,000 on battery installation costs and reduce annual energy bills by up to $1,100 for homes with solar panels.
- Labor aims to install 1 million new batteries by 2030, supporting renewable energy adoption and reducing peak electricity demand to stabilize grid prices.
- Critics, including the opposition, argue the program excludes renters and low-income households, raising concerns about equity and affordability in energy policy.
- Renewable energy advocates and battery installers anticipate a surge in demand but note the program’s rollout will coincide with the federal election campaign in May 2025.
Australian Broadcasting Corporation 
The Sydney Morning Herald 
SBS News 
9News 
The Guardian 