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“Australia has been world leaders in the uptake of solar panels on our homes, but they are only part of the energy puzzle in providing ‘energy generation’ component, and household batteries provide the essential ‘energy storage’ side to power the home.
“It is understood that one in three Australian households have solar panels, but only one in 40 have a battery, highlighting the significant opportunity household batteries present to reduce reliance on power from the grid.
“A significant barrier in the uptake of household batteries, is their large upfront costs and this scheme can be important in boosting uptake by providing home owners with a 30 per cent discount off the upfront costs.
“Australian homes now have over 4 million solar panels installed and these have been installed through a range of rebates and incentives, which shows how important targeted subsidy or rebate programs can be in driving change.
“We look forward to working with the government on the design of the scheme to ensure that it can accessed for both our new home builds and existing housing stock.
“Equally it is important that this scheme ensures it focusses on supporting Australian manufacturers and suppliers in providing these batteries into our homes.
“HIA has been advocating on the importance of holistic consideration of the issue on Australia’s decarbonisation journey and that the focus should be on creating market conditions conducive to voluntary electrification including incentives such as those announced today.
“These type of schemes, have proved to be far more effective than hard wiring in policy changes that includes bans or blanket mandates which are costly and intrusive and limit home owner choices,” concluded Mr Croft.
“Expanding complying development will speed-up the delivery of keys in doors to new homes sooner,” said Brad Armitage HIA Executive Director NSW.
Over the past few years, the Federal Government has made a number of commitments to support homeowners into the dream of homeownership. The ‘Help to Buy Program’ is one of these commitments.
“The RBA decision to keep interest rates in restrictive territory today will not stop the improvement in leading indicators of future home building,” stated HIA Senior Economist Tom Devitt.
In mid-June 2025, the NSW Premier released the Housing and Productivity Contribution (HPC) Works-in-Kind Guideline for public consultation.