Eligibility: WA battery rebate & interest-free loan

Fronius GEN24 hybrid inverter pictured with a BYD battery in a classic home representing the proposed WA solar battery rebate/Residential Battery Scheme.

The West Australian solar battery rebate and interest-free loan proposed by the Cook government will present an appealing opportunity for customers should Labor be re-elected on March 8. With a capped $328 million package, how are you more likely to secure your position for a share of $5000 off the cost of an energy storage solution? 

Contents

Key points

Homeowners with existing solar energy systems are in the best position to take advantage of the proposed Labor government solar battery rebate. Should the election results continue as the polls are leaning, a buying surge will occur on July 1, when the proposed solar battery rebate would come into play.

But with $328 million budgeted for the state: the Synergy network ($5000 per household), the Horizon network ($7,500 per household), and a means-tested $10,000 per household interest-free loan component, the allocated money is likely to evaporate with strong demand. A consideration that, with foresight, will ensure your allocation of the West Australian solar battery rebate.

The $328 million allocated will service an estimated 20,000 to 30,000 of approximately 900,000 dwellings in Western Australia. Using alternative state-based solar battery rebate schemes around Australia as a guide, these state-incentivised schemes evaporate fast. In these scenarios, choreographed actions can ensure candidates are best-prepared households for the proposed West Australian solar rebate.

How to be prepared for the WA battery rebate

Battery rebate allocation and stock availability will be first-in-first-served. Here are a few considerations to ensure you have time to adequately research providers and technology with system/ordering readiness in place.

1. Ensure solar exists first

To be physically prepared, add a solar-only system with a hybrid inverter. Hybrid inverters refer to the hybrid power input they can receive. In this instance, a hybrid solar inverter can accommodate a solar generation input and a [nominated] DC-connected energy storage option (separate from the grid) while delivering usable AC output power for your home. Hybrid inverters can also accommodate AC-coupled batteries if you choose (connected to the inverter via the home’s power supply).

Hybrid inverters act as a central component of its combined energy system. With DC separation, DC-coupled battery approvals through Synergy and Western Power are more straightforward, as application delays occur with AC-coupled devices considered additional grid ‘load’.

2. Pre-order your battery

To be physically prepared, add a solar-only system with a hybrid inverter. Hybrid inverters refer to the hybrid power input they can receive. In this instance, a hybrid solar inverter can accommodate a solar generation input and [nominated] DC-connected energy storage options while delivering usable AC output power for your home.

The hybrid inverter acts as a central component for the combined energy function of the entire system. DC-coupled batteries now become more straightforward as most grid connection approval delays occur due to additional inverter capacity for the grid.

Perth Solar Warehouse can assist through an express quote ›

3. Ensure better battery value

Solar rebate-eligible battery options will be plentiful, so it’s essential to syphon through the jargon. In conjunction with a one-off $5000 rebate is the means-tested option of a 10-year interest-free loan component to bridge any surplus cost gap for those less likely to afford a subsidised battery system. However, getting lost in the numbers is easy when receiving a product with no upfront costs. A good way to compare solar battery value is on a cost-per-kWh level to better understand energy density value. Example:

Caution point: Varying battery performance warranties shift energy density value through degrading factors and manufacturer bankability. An installation company serves as your overall system warranty holder. For a more assured system warranty, focus on locally proven qualities and a business reputation aligned with the warranted period.

4. Installation company value

The solar and battery system company providing the system remains integral to significant ongoing system functions—they’re a purchaser’s first call should assistance be required. A locally proven provider facilitates availability within the same time zone and is a direct point of contact for manufacturers in an aftercare scenario. 

In a sea of national solar companies gravitating towards incentivised state-based schemes as they arise, Perth has a solid list of high-ranking local solar companies to consider as proven home energy system facilitators. The linked article below provides in-depth guidance on a balance of business refining factors and a shortlist of local solar companies with a reputable track record for the proposed WA solar battery rebate.

Local edition: Top 10 solar companies in Perth

TL;DR Proposed battery rebate

The details remain thin other than a few defining factors. A subsidised home solar battery opportunity is promising for homeowners looking to maximise their solar energy savings and the Synergy and Horizon Power electricity networks. Here’s what we know:

Proposed WA Solar Battery Rebate social media clip promoting up to $5000 rebates for the Synergy network and $7500 on the Horizon Power network.

Image: WA Labor social media advertisement for the WA solar battery rebate/Residential Battery Scheme.

Recommended Posts