The Labour government is expected to introduce a new household battery incentive scheme as part of its efforts to address rising cost-of-living pressures and promote climate action. <\/p>\n\n\n\n
The initiative, which is likely to be a key component of Anthony Albanese<\/strong>\u2019s re-election campaign, could expand existing renewable energy support to include home battery storage. The move comes as both major parties seek to position themselves on energy policy, with the Coalition also considering a home battery scheme. <\/p>\n\n\n\n
The competing proposals reflect growing political momentum around household electrification, as governments look for long-term solutions to reduce energy bills and cut greenhouse gas emissions.<\/p>\n\n\n\n
The most likely policy under Labour\u2019s plan is an expansion of the Small-scale Renewable Energy Scheme (SRES<\/a>), which currently subsidises solar panels, heat pumps, and other renewable technologies.<\/p>\n\n\n\n
According to the Clean Energy Regulator, more than 300,000 solar systems have been installed annually under the SRES since 2020, saving households <\/a>an estimated $1,500 per year. However, the scheme is set to expire in 2030<\/strong>, prompting calls for an updated approach that includes battery storage.<\/p>\n\n\n\n
Clean energy advocates argue that battery storage is essential for households looking to maximise their solar energy use. Without storage, many homeowners <\/strong>are forced to sell excess electricity back to the grid at lower rates<\/a> while still relying on the grid during peak demand periods. <\/p>\n\n\n\n
The Coalition has signalled its own home battery policy, with shadow climate change and energy minister Ted O\u2019Brien<\/a> confirming that battery storage remains on the agenda. <\/p>\n\n\n\n