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Norther Territory Home and Business Battery Scheme


If you're a Northern Territory (NT) homeowner, business or a not-for-profit organisation, you can apply for a $6,000 grant through the Home and Business Battery Scheme. You can use the grant to buy and install batteries and inverters. Homeowners that own a business can apply for both their home and business. The grant is available to eligible recipients regardless of their electricity provider. Jacana Energy customers who receive the premium one-for-one feed-in tariff and access this scheme will be transferred to a standard feed-in tariff. Who can apply You can only submit one application per property and per homeowner. You can apply if you're: a registered owner of a residential property in the NT a registered NT business a not-for-profit or community organisation operating in the NT in either owned or leased premises. The property can be owner-occupied or used as an investment, but there can only be one application per property and per homeowner. If you are a homeowner and also own a business, you can apply for one grant for your home and one for your business. What's included You can use the funding to: buy and install a solar photovoltaic (PV) with an eligible battery and inverter or buy and install an eligible battery and inverter only, if you already have solar [...]

Norther Territory Home and Business Battery Scheme2021-05-06T14:10:31+11:00

CommBank announces Green Loan to help it’s customers purchase renewable technology.


Commonwealth Bank has announced a new CommBank Green Loan, which will make it easier for CommBank home loan customers to purchase and install renewable technology. By partnering with customers, CommBank is helping to contribute to a sustainable future. The bank’s Group Executive Angus Sullivan said: “As part of our commitment to the responsible global transition to net zero emissions by 2050, we’re supporting our customers access renewable energy through sustainable housing solutions. “The CommBank Green Loan offers an historically low 0.99% p.a. secured fixed rate loan for eligible CommBank customers to fund up to $20,000 in renewables repaid over 10 years with no set up, monthly service or early repayment charges, adding to our already market leading home lending solutions.” “For most customers, they will see their energy bill drop by over $500 per year[1] if they switch to solar which will offset total repayments of the loan in the long-term. As Australia’s largest lender, we want to help as many customers as possible make their homes more sustainable.” Customers with an eligible CommBank home loan or investment home loan can use the Green Loan to purchase and install eligible small-scale renewable technology such as solar panels (and invertors if applicable), battery packs and electric vehicle charging stations at the property used as security for the existing home loan. [...]

CommBank announces Green Loan to help it’s customers purchase renewable technology.2021-03-01T11:41:59+11:00

Financing Options to Purchase Solar Batteries


At Solar Battery Store we understand that purchasing batteries is a substantial investment and not every family might have the spare funds laying around. That is why we are happy to to suggest three options below to finance your new battery system. At Solar Battery Store, we do not provide financial advice and you should consider seeking financial assistance before making any decision. Mortgage Re-draw The most common and sound option to purchase your battery system is to draw down on your mortgage with your existing bank.  This will most likely give you the cheapest interest rate as it will be the same as your current mortgage, which are at historic low rates with no sign of increase for the next few years. Personal Loans Check out the finance provider CP Money who are happy to offer their services to all customers. They will discuss your financial situation, requirements with you and look at the possibility of tailoring a personal loan to meet your needs. Please click on the link here and fill in the 'contact us' section of their page, and they will contact you to arrange a discussion with you. Other personal loan providers to consider are: Plenti - https://www.plenti.com.au/green-loans/ Money Me - https://www.moneyme.com.au/personal-loans Credit Cards Using credit cards to purchase solar batteries would be [...]

Financing Options to Purchase Solar Batteries2021-01-14T15:34:27+11:00

Victoria’s Solar Battery Scheme expands statewide and provides 17,500 solar battery rebates over next 3 years


On the 17th November 2020, Victoria’s Minister for Solar Homes, Lily D’Ambrosio, announced that the Victorian Government will invest $797 million to support Victorians with their power bills and increase the energy efficiency of their homes, including 17,500 solar battery rebates state wide over the next 3 years. "The Victorian Budget 2020/21 will deliver the biggest household energy efficiency package in any state’s history, creating thousands of jobs, while also reducing greenhouse gas emissions." This will include $335 million to upgrade 250 households with old and inefficient heating appliances such as old wood, electric or gas fired heaters with the latest energy efficient systems that are safer and cheaper to run, which will in turn drive down emissions. Another $112 million will be invested to improve the thermal energy efficiency of social housing properties, which will make homes more comfortable and reduce power bills. $191 million will be spent to expand the existing Solar Homes program to a further 42,000 homes on top of the 100,000 homes who have already benefited by installing solar systems on their rooftops under the program.  This program will also be open to small businesses to apply, offering 15,000 solar rebates for businesses. The Solar Battery Rebate will expanded to cover all of Victoria rather than a specific list [...]

Victoria’s Solar Battery Scheme expands statewide and provides 17,500 solar battery rebates over next 3 years2020-12-02T08:51:24+11:00

Energy Australia urges federal government to focus on batteries.


Energy Australia says that the best way for the federal government to invest in the future of the power market and help economic recovery from COVID-10 is by subsidising battery installations. Head of consumer markets Mark Collette has made calls for a greater focus on accelerating the national transition to renewables to keep up with the recent rooftop solar panels boom by installing household and commercial batteries, to store excess energy created during the day. Prime Minister Scott Morrison’s continued heavy focus on gas as the solution to fill the gap during overcast and windless periods when conditions for renewables are unfavourable has reignited debate about the best path for Australia’s transition, and fuelled concerns from environmentalists and some business leaders who believe stimulus funding would be better spent on expanding clean energy rather than carbon-intensive fossil fuels. Former Prime Minster Malcolm Turnbull said this week that renewable-led economic stimulus would be much more effective than concentrating on gas. Mr Collette said “Solar energy is now quite economic without government subsidy, it’s probably a train that moves without any support.  I think the case for action around batteries and different support mechanisms that might help on storage could be stronger because it helps some of the emerging challenges across the grid”. Energy and Emissions [...]

Energy Australia urges federal government to focus on batteries.2020-12-02T09:06:49+11:00

Supporting the Solar Industry


There are currently over 2.3 million homes in Australia which have rooftop solar PV systems, and it is projected that there will be at least another million homes to have rooftop solar installed over the next four years. In contrast, there has been a small proportion of homes who have installed battery storage systems with their rooftop solar. Currently, one in eight new solar systems installed included batteries. Industry reports issued in 2017 and 2018 predicted that the uptake of battery systems in Australia would rise in the next few years. Industry forecasts of battery installation by 2020 ranged from 150,000 to 800,000. These predictions have proven to be optimistic, and the reality is probably closer to 70,000 by the end of 2020. It is difficult to obtain accurate battery installation figures because mandatory registration of power systems has only come into effect in early 2020. The main reasons for the lower than expected uptake of batteries are: Batteries have been perceived to be unviable Concerns about safety issues with some older Lithium battery chemistries (pre LiFePo4) Lack of flexibility in battery sizes (ie. Leading brands have limited fixed sizes). Installers have been hesitant to recommend batteries despite an increase in customers interest. With these issues in mind, Solar Energy Warehouse has sourced a [...]

Supporting the Solar Industry2020-10-22T06:45:54+11:00

Supporting Home Builders


There is an increased focus from home buyers on energy efficiency and sustainability features in their homes.  The main drivers for this increased focus could be social awareness, financial benefits, energy independence and more. There is a growing demand from new home buyers in Australia for the new home building industry to offer lower emission homes with lower ongoing energy costs.  This is driving the expectation that new homes built in Australia be designed with high energy efficiency ratings of a minimum of 7 stars.  This 7-star rating would provide the homeowners with at least 3 distinct benefits: They would qualify for a green home loan securing them a 0.4 % discount on their home loan rates from participating banks, for a period of 5 years. The resale value of their homes would attract a 10% premium compared to a comparable house that did not have the same high efficiency rating. Ongoing reduced energy consumption costs. Home builders could become market leaders by offering high efficiency homes that meet the market’s growing expectations.  Home builders could offer 7 star rated versions for their range of homes, or even make all their homes 7 star rated, to gain a competitive advantage in the domestic building industry. There are several ways to achieve a seven-star efficiency [...]

Supporting Home Builders2020-12-03T00:08:23+11:00

Get a battery for your RV


There is a growing trend in the Recreational Vehicle (RV) market (ie caravans, motorhomes, campervans and camper trailers) to replace the traditional lead-acid batteries with new lithium batteries (Lithium Ion Phosphate - LiFePO4). There are several reasons for this: Weight Reduction - with the relevant state police forces cracking down on overweight camper trailers, many owners are now looking to strip out weight from their RV vehicles so they are within the legal weight limits by replacing their lead-acid batteries with LiFePO4 lithium RV batteries which are about 25% of the weight and volume of traditional lead-acid batteries, and about 70% of the weight of AGM batteries. This means that by swapping out lead-acid for lithium batteries, the battery capacity can be greatly increased while reducing (or at most equaling) the current volumetric space. These days with ever increasing number of electronic devices installed in modern RVs, this increase in battery capacity is very much needed. High Efficiency - LiFePO4 lithium batteries are generally >95% efficient whereas lead-acid or AGM batteries range between 80% to 85% efficiency. Depth of Discharge (DOD) - LiFePO4 lithium batteries are typically discharged to 80% - 90% on a daily basis and up to 100% in a backup situation without causing any damage, however lead-acid batteries can only be [...]

Get a battery for your RV2021-01-12T16:38:38+11:00

South Australia’s Home Battery Scheme


From October 2018, 40,000 South Australian households can access $100 million in State Government subsidies and $100 million in loans to pay for the installation of home battery systems. While the subsidy is available to all South Australians, Energy Concession Holders are eligible to access a higher subsidy, ensuring low-income households are supported to access the Scheme. The subsidy is applied to the battery component only, participating households can apply for finance made available through the Commonwealth Government’s Clean Energy Finance Corporation to help pay for the balance of the battery and to purchase new or additional solar panels, if required. The subsidy is calculated on the kilowatt hour capacity of the battery being installed, and capped for everyone at a maximum of $6,000 per battery installed. Home Battery Scheme subsidy levels Energy concession holder $600.00 per kilowatt hour (kWh) All other households $500.00 per kilowatt hour (kWh) A set of minimum technical requirements for battery systems has been developed to ensure the batteries are safe, reliable and capable of being recruited into a virtual power plant. While households are able to choose whether or not their home battery system operates as part of a virtual power plant, the ability to aggregate home battery systems - either now or at a future point in [...]

South Australia’s Home Battery Scheme2020-12-02T08:11:59+11:00

NSW government’s Empowering Homes solar battery loan offer


What’s on offer? The NSW Government will help homeowners in the Hunter region access interest-free loans to install solar battery systems. These systems provide clean, renewable energy and can help you cut your energy bills. Through this offer, you can get an interest-free loan of up to: • $14,000 towards a solar PV and battery system (repayable over a range of terms up to 8 years), or • $9000 towards retrofitting a battery system to an existing solar PV system (repayable over a range of terms up to 10 years). Eligibility To qualify, you must: • live in one of these postcodes in the Hunter region • have a household income of no more than $180,000 per annum • own your grid-connected home, live in it and have the authority to install the system • satisfy the loan criteria. The battery-only option is for homes with existing solar. This offer does not include solar-only options. Businesses and participants in the Solar for Low Income Households trial are not eligible. Before applying Solar battery systems are not for everyone, and are also a significant financial investment.. The benefits depend on how much electricity you use and when you use it. To make an informed choice you should read: • the program guide • the NSW [...]

NSW government’s Empowering Homes solar battery loan offer2021-05-03T12:08:34+11:00

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