The NSW State Government have recently introduced a pilot scheme designed to help home owners install solar and battery systems.
If you’re anything like me, you like to get straight to the point. So, bulleted below, are the key points of the NSW Government’s Empowering Homes scheme:
- $14,000 towards solar system with battery
- $9,000 towards battery for existing solar system
- Hunter region, NSW (pilot scheme)
- All NSW (after pilot)
- Earn <$180,000
- March 2020 to March 2021 (pilot)
- March 2021 to ??? (after pilot)
- Installer registered with the scheme
Let’s expand on these a bit more…
The purpose of the scheme is to aid the transition to a green, clean, renewable economy. Solar PV is great, and adding batteries maximises the free electricity generated, as well as helping the grid. Solar PV is already very affordable, so this scheme focusses on the still-expensive battery component.
If you don’t have solar, you can get up to $14,000 to install a solar system with a battery for your house.
If you already have solar, you can still get $9,000 towards adding a battery to your existing system.
This money comes in the form of an interest-free loan – the $14,000 over 8 years, the $9,000 over 10 years. This works out at $150/month and $75/month respectively.
Note you can’t get this for a solar install without a battery – the battery is mandatory. However, you can get any battery you want – LG Chem, sonnen, BYD, Tesla, whatever!
The Government predicts this will save homes between $250 and $2,000 per year, depending on their electricity usage.
If you’re one of the ~2/3 million people who live in the Hunter region in NSW, you may be eligible for the pilot scheme. Unfortunately, at this time, not everyone in the Hunter region is able to take part – only those living in 2264, 2265, 2267, 2278, 2280, 2281, 2282, 2283, 2284, 2285, 2286, 2290, 2295, 2306, 2311, 2312, 2314, 2315, 2316, 2317, 2318, 2319, 2320, 2321, 2322, 2323, 2324, 2325, 2326, 2327, 2328, 2329, 2330, 2331, 2333, 2334, 2335, 2336, 2337, 2338, 2415, 2420, 2421, 2422, 2423, 2424, 2425, 2426, 2427, 2428, 2429, or 2430, can apply.
However, once this scheme has proved successful, it is presumed it will open up to all of NSW.
There are two main requirements (apart from your location) to be eligible for this scheme. First, you must be the owner-occupier of the property – so no rentals, and no holiday homes. Secondly, you need to have an income of <$180,000 – millionaires need not apply (don’t worry, you can just buy your own outright – contact us!)
The pilot scheme kicked off in March 2020, and is planned to run for a year, meaning it is ~1/3 of the way through. Once the pilot is over, the scheme will be extended. It’s not currently known how long the full scheme will last, but the Queensland one lasted a year, and the South Australia started in 2018 and is still going strong.
The system must be installed by an installer registered with the NSW scheme. For the pilot there are limited installers available – you can choose from HCB Solar, MV Solar, Natural Solar, Smart Energy Group, or Sunbank Solar.
Luckily, when the pilot is over and the full scheme begins, they will open up to more installers, and there’s one name you can be sure will be there – GI Energy!
Not in NSW, or don’t want to wait? You can still get solar with or without a battery today! Contact us.