Financial Incentive On Energy Storage Offered By Adelaide City Council

Adelaide City Council is the first in Australia to offer an incentive that will encourage businesses, residents and other organizations to install energy storage devices in their buildings. The incentive is a part of the Sustainable City Incentive Scheme, which will offer up to $5000 for the installation of energy storage (battery) systems.

More than 27% of South Australian households already have solar panels installed, and the incentive will enable them to add battery storage systems at a much lower cost.

South Australia has seen a rapid increase in rooftop solar panels in the recent years. Along with this new incentive, the Australian Energy Market Operator (AEMO) predicts that South Australia is on the cusp of an energy revolution, and has the potential to rely 100% on renewables, and reduce grid demand completely for a few hours a day by 2024.

 

 

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