Home batteries subsidy overhauled with $7.2bn injection as Australians rush to take up discount
Chris Bowen says first 50kWh of a system would still be eligible, but discounting would not be as generous per kWh for medium- and larger-sized batteriesGet our breaking news email,...
By Australian Associated Press · The Guardian World
Chris Bowen says first 50kWh of a system would still be eligible, but discounting would not be as generous per kWh for medium- and larger-sized batteries Get our breaking news email , free app or daily news podcast Discounts for larger systems will be wound back under a popular home battery scheme as the program’s budget is tripled. The federal subsidy, which has been in place for five months, will get a generous top-up to $7.2bn across four years after initially being earmarked to cost $2.3bn. Continue reading...