Large businesses often cut good deals for electricity from utilities, but rooftop solar is now offering returns of 18% per annum, and the market is poised to boom.
Leading BNEF analyst says solar + storage unstoppable, because they are already cheaper for Australian households to install than electricity from the grid.
Attempt by Abbott government to stop Clean Energy Finance Corporation co-financing rooftop solar is likely to make rooftop solar a lot more more expensive for those homes and businesses who have yet to install the technology, and who cannot afford to buy the systems outright.
Some 160,000 homes in NSW will lose their premium feed in tariffs for solar in 18 months. Here’s why battery storage may look an attractive option.
South Australia government doubles funding available for City of Adelaide battery storage initiative, potentially injecting 600kWh of storage into CBD.
AGL Energy is offering battery storage systems at a steep discount to even wholesale prices. But there may be method to their madness, locking in customers for the long term and reaping benefits from battery storage systems. But it underpins the potential for battery storage costs to fall quickly and sharply.
Australian networks are also penalising solar households, now it looks like they will do the same with those that add battery storage. The trend among some electricity networks to penalise or discourage the uptake of rooftop solar by imposing fixed tariffs or additional fees is now extending to battery storage, with one network accused of […]
Victoria regulator wants minimum feed-in-tariff paid for surplus rooftop solar output fed back into grid be cut dramatically. Victorian energy regulator the Essential Services Commission has recommended that the minimum feed-in-tariff paid for surplus rooftop solar output fed back into the grid be cut to 5c/kWh from the current level of 6.2c/kWh in 2016. The […]
South Australia looks to install battery storage in parliament house, museums and art galleries, and up to 150 other buildings including schools and railway stations, as it looks to become a leader in energy storage as well as wind and solar. South Australia is rapidly emerging as the leading state in battery storage, with the […]
New development to create 337kW solar suburb, producing 600,000kWh of electricity a year and saving Defence members more than $4.1m in electricity costs. Defence Housing Australia says it is creating a “solar suburb” in a new development near Darwin, with each home to feature a 4.5kW rooftop solar system and charging points for electric vehicles. […]