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Household battery storage surges as plunging solar tariffs improve the economics
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zero_gravitas aussie.zone zero_gravitas@aussie.zone
Joined: 2023-06-11
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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.

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