SA Home Battery Subsidy To be Reduced
New Subsidy (Effective From April 15th)
|Energy conession holder||$600/kWh||$400/kWh|
|All other households||$500/kWh||$300/kWh|
|Maximum subsidy per household||$6000||$4000|
When will the reduced subsidy level take effect?
The new subsidy levels and cap will take effect from Wednesday 15 April 2020.
This provides customers six weeks to finalise sales the current subsidy levels and cap.
The South Australian Government will be monitoring uptake throughout the year and further incremental reductions in the subsidy may occur before the end of the year.
How can customers ensure that they receive the current subsidy levels?
Subsidies that are conditionally approved before Wednesday 15 April 2020, will be eligible for the current subsidy levels ($500 per kWh / $600 per kWh non-concessional) and cap ($6,000).
Subsidy applications lodged on Wednesday 15 April onwards will be subject to the new subsidy.
What criteria needs to be met to qualify for the current subsidy levels?
• The customer has received conditional approval for their subsidy within the Ratesetter platform by midnight, Tuesday, 14 April 2020
• The approved home battery system is installed within the timeframes outlined in the Scheme’s Subsidy Terms of 12 months for new builds and six months for all other properties.
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