Why Now is the Time to Invest in a Solar Battery

Home and business owners across Australia are bracing for an energy price increase of almost 50% over the next few months. This increase is due to a combination of contributing factors, such as state and federal government assistance expiring, increased demand, and energy supply shortages.

These challenges highlight the importance of solar power, and why now is the time to invest in a solar battery.

Rising Electricity Prices are Here to Stay

Energy prices are on the climb and show zero signs of slowing down. Home and business owners nationwide are bracing for energy price increases of nearly 50% by 2025. This surge is driven by many factors, including the expiration of state and federal government assistance, growing energy demand, and supply shortages.

By investing in a solar battery, you can take control of your energy usage. Solar panels generate electricity during the day, and a solar battery stores the excess for you to use when the sun goes down—freeing you from expensive peak-hour rates.

A solar battery system can drastically cut your electricity bills and, in some cases, even eliminate them.

How Solar Batteries Combat Rising Energy Costs

With rising energy prices, a solar battery could be your cost-cutting solution. Here’s why:

Energy Independence: By pairing solar panels with a battery, you can generate power during the day and store any extra energy for nighttime use. This minimises your reliance on the grid and shields you from expensive peak-hour rates.

Lower or Eliminated Power Bills: A solar battery system can drastically cut your electricity bills and, in some cases, even eliminate them—especially if your energy production exceeds your usage.

Make the Most of Your Solar Energy: Without a battery, any surplus energy you produce gets sent back to the grid, often at a low buyback rate. With a battery, you can store that energy and use it when you need it most, maximising your savings.

Protection Against Rising Rates: As electricity prices are set to rise, installing a solar battery now helps keep your energy costs low and insulates you from future price increases.

A solar battery doesn’t just save you money today—it sets you up for a future where rising energy costs have less of an impact on your household budget.

NSW Battery Incentive Making Solar Power Even More Accessible

On November 1st, 2024, the NSW Government launched a new solar battery rebate as part of the Peak Demand Reduction Scheme (PDRS). The PDRS program will allow homes and businesses with existing solar PV systems to maximise energy efficiency and reduce electricity costs by installing battery storage and connecting to a Virtual Power Plant (VPP).

Eligible NSW homes and businesses may save up to $2,400 off the upfront installation costs of a battery (solar battery size dependent). You can also claim an additional $250-$400 for connecting the solar battery to a VPP.

To read more about this rebate, visit our previous post on How To Access The NSW Battery Incentive or contact a team member.

Take control of your energy usage

Protect Your Home or Business from Blackouts

With extreme weather events becoming more frequent across Australia, the grid is constantly under increasing pressure, causing power outages across the country.

Solar batteries offer a reliable backup solution, ensuring your home or business stays powered even during blackouts.

During an outage, a solar battery will provide electricity for essential appliances. For businesses, this means no disruptions to operations, while for homeowners, it provides peace of mind knowing their household remains functional.

By investing in a solar battery, you gain resilience and security against unexpected power failures.

The benefits of solar batteries go far beyond savings—they offer energy independence, security, and a greener way forward.

Environmental Benefits of Solar Batteries

Beyond the financial savings and energy independence, solar batteries also play a critical role in reducing your carbon footprint. Storing and using clean, renewable energy significantly decreases your reliance on fossil fuels and reduces harmful greenhouse gas emissions.

Every kilowatt-hour of solar energy you store and use helps to:

Lower carbon emissions, reducing your environmental impact.
Support a cleaner, more sustainable energy future.
Contribute to stabilising Australia’s energy grid, especially during peak demand.

Choosing a solar battery is an investment in your energy costs and a healthier planet for future generations.

Why Now is the Time to Invest in a Solar Battery

Between rising electricity prices, government rebates like the NSW Battery Incentive, and the increasing pressure on the energy grid, now is the ideal time to invest in a solar battery. By taking action today, you can: