The next wave of Queensland’s renewable revolution is happening, with grants now available for households and small businesses to install batteries to store their solar power.
Speaking on the Sunshine Coast this morning, Energy Minister Dr Anthony Lynham said the grants and loans scheme will help up to 1500 Queensland households and small businesses cut their power bills by storing solar power and using it after the sun goes down.
“There are around 50,000 solar systems on the Sunshine Coast that now have the opportunity to plug in a battery to store their solar power,” Dr Lynham said.
“The Sunny Coast - famous for its abundance of sunshine – is in a great position for the next wave of our renewable journey to store this solar power through home battery systems.
“Queensland householders can jump online and apply for interest-free loans of up to $10,000 and grants of $3000 to purchase batteries or combined solar-battery systems.
“A high energy-using household that contributes $2-3000 towards the upfront cost of their solar and battery system could save $400 a year, even after taking into account their interest-free loan repayments.
“Small businesses can also apply for up to a $3000 grant.
“With our policies and interest free loans and grants incentives we are looking to add another 1500 to the 2500 battery storage systems in place around the state.”
Dr Lynham spoke about the grants during a visit to the home of David and Jodie - a Buderim family which has been using a solar-battery system for two years, storing their solar power and saving on their power bill.
The scheme offers:
- Grants of $3000 and interest-free loans of up to $10,000 for up to 1000 combined solar and battery systems.
- Grants of $3000 and interest-free loans of up to $6000 for 500 batteries.
This is on top of the scheme that started in June offering interest-free loans of up to $4500 for solar systems. So far, 159 loans have been approved to eligible families across the state.
Dr Lynham said Queensland had a proven track record in successfully kick starting the solar industry by having the right policy mix that has acted as a catalyst in establishing an estimated $2 billion worth of private investment in solar from households and small business.
“Now with these new assistance packages for solar and battery storage we are positioning to kick start the next wave of the renewable revolution,” Dr Lynham said.
“With almost 500,000 million rooftop solar systems in Queensland we have one of the highest penetrations of rooftop solar in the world, we are aspiring to be a world leader in battery storage.”
“The roll out of these solar and battery packages was backed up with a strong safety focus, with applicants for loans and grants select from a panel of approved suppliers that meet stringent safety standards.
To apply for solar, battery or solar and battery package:
- Get a quote from an eligible battery supplier for an eligible battery system. You can find a list of eligible suppliers and batteries online at www.qld.gov.au/batteryloans.
- Apply online www.qld.gov.au/batteryloans. Applications can be lodged form 9am tomorrow (Monday 19 November).
- Get approved
- Tell your supplier you’re approved and get your system installed. (You cannot get it installed before approval or you’re not eligible.)
- Get back online to have your approved dollar amount paid to your supplier.
- You have six months from approval to get your system installed. We understand there is minimal wait time for most systems except for Tesla batteries which can be longer.
Minister for Natural Resources, Mines and Energy
The Honourable Dr Anthony Lynham