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Australia’s Northern Territory (NT) boasts abundant sunshine, making it a natural fit for harnessing solar power. But what happens when the sun goes down?
Battery storage is the key to unlocking the full potential of your solar investment, allowing you to store excess energy during the day and use it at night, reducing reliance on the grid and potentially lowering your electricity bills.
Luckily, the NT government offers generous battery system rebates, making a shift towards solar battery storage more attractive than ever.
Use our easy-to-use solar power and battery storage calculator to determine the size of your solar system with storage! Our solar calculator will generate performance information and potential savings.
We can send this information to 3 trusted local installers in your area to receive obligation-free solar quotes.
Unlocking savings with the Home and Business Battery Scheme
The Home and Business Battery Scheme (HBBS) is the key initiative driving increased adoption of battery storage in the NT. Launched in 2020 and expanded in 2021, the scheme offers grants to residential homeowners, businesses, not-for-profit organisations, and community organisations to purchase and install eligible battery systems.
Key features of the HBBS
- The Home and Business Battery Scheme is a grant program that provides $400 per kilowatt hour of useable battery system capacity, up to a maximum grant of $5000.
- The scheme is available for Northern Territory homeowners, businesses, not-for-profit and community organisations that want to buy and install batteries and inverters for solar photovoltaic (PV) systems.
- The scheme is available for battery systems on the list of XLSX that have been assessed as virtual power plant capable.
- Homeowners who own a business can apply for both their home and business. The grant is available to eligible recipients regardless of their electricity provider.
- To apply for the scheme, you must check your eligibility, get a quote from a qualified system installer or provider, and apply online through GrantsNT.
LAVO: An innovative home battery designed specifically for Australia will help you get the most out of your solar panels by storing energy at night or during power outages.
Benefits of participating in the HBBS
- Reduced upfront costs: The rebate significantly reduces the initial investment in a battery system, making it more affordable for many households and businesses.
- Increased self-reliance: Storing solar energy allows you to use more of what you generate, reducing reliance on the grid and potentially lowering electricity bills.
- Enhanced grid stability: Batteries can help stabilise the grid by storing excess energy and releasing it during peak demand times.
- Environmental benefits: By reducing reliance on fossil fuels, battery storage contributes to a cleaner and more sustainable energy future.
Maximising your rebate
Here are some tips to maximise your battery system rebate under the HBBS:
- Choose an eligible system: Ensure the battery system you select is on the DITT’s list of approved products.
- Compare quotes: Obtain quotes from multiple qualified installers to ensure you get the best value for your money.
- Understand your energy needs: Carefully assess your energy usage patterns to determine the optimal battery size and capacity.
- Apply early: The HBBS operates on a first-come, first-served basis, so submit your application as soon as possible.
Exploring additional rebate opportunities
While the HBBS is the primary rebate program in the NT, additional opportunities exist depending on your location and specific needs. Here are some resources to explore:
- Territory renewable energy scheme: Offers financial assistance for renewable energy projects in remote and isolated communities.
- Federal rebate programs: The Australian government offers various schemes, such as the Small-scale Renewable Energy Scheme (SRES), which may provide additional rebates for solar batteries.
- Energy retailers: Some energy retailers in the NT offer their own battery rebate programs or bundled solar and battery packages.
Read more about:
- Solar Battery System Rebates, Subsidies, & Incentives
- Home Solar Rebates, Incentives & Subsidies In Australia
- Solar Panel Rebate & Renewable Energy Subsidy Information
- Off Grid And Remote Power System Rebates
- Commercial Solar Rebates, Grants & Incentives
- STCs to Reduce in 2024: How to Maximise Your Savings
- Feed-in Tariffs Keep Getting Lower: Is Solar Still Worth it in 2024?
Beyond rebates: Factors to consider when choosing a battery system
While the rebate is a significant incentive, there are other factors to consider when choosing a battery system:
- Battery technology: Lithium-ion batteries are currently the most popular and offer good performance and lifespan.
- Warranty terms: Look for a system with a comprehensive warranty to ensure peace of mind.
- System monitoring and control features: Choose a system with user-friendly controls and monitoring options to optimise your energy usage.
- Maintenance requirements: Understand the ongoing maintenance needs associated with different battery systems.
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With our 3 free solar quotes, you can compare plans from pre-qualified and vetted installers in your area and find the perfect solution for your home and business. Harness the sun’s power and save money on electricity bills while reducing environmental impact. Let Energy Matters guide you towards a brighter, more sustainable future.
