Homes and businesses with rooftop solar will soon have the opportunity to benefit from Peak Demand Reduction Scheme (PDRS) incentives to install residential battery storage and connect to a Virtual Power Plant (VPP). These incentives will enable households and businesses to maximise the use of their solar energy, helping to reduce electricity costs.
The widespread installation of batteries across NSW will improve grid stability and reliability, while decreasing reliance on fossil fuels during peak demand periods. This will contribute to NSW's goal of cutting emissions by 70% by 2035 and reaching net zero by 2050.
Incentives available from 1 November 2024:
If eligible, you could access the following incentives:
- A discount of $1,600 to $2,400 on the up-front installation costs of a battery for homes and businesses with existing solar, depending on the battery size.
- A $250 to $400 incentive for connecting your household or business battery to a Virtual Power Plant (VPP).
For homes and businesses without solar, the incentive can be included in the quote for a new solar and battery system installation.
Lithium iron phosphate,
the safest chemistry
of all battery types
Compatible with both
new installations
and retrofits
German design,
superb performance
and long lifespan
Multiple
operation modes
available
Our team are highly professional and are eager to support you with any concerns you may have about solar energy. Don't just take our word for it, see what our clients have to say: