๐ Home Battery Rebates ยท South Australia
Home Battery Rebates in South Australia
Subsidised loans available
SA Home Battery Scheme
South Australia's Home Battery Scheme offers subsidised loan interest rates for residential battery storage, bringing financing costs well below market rates.
Interest-rate subsidy on loans up to $4,000 value equivalent
How Much Can You Save?
| Scenario | Incentive |
|---|---|
| "L" | "o" |
How the South Australia Home Battery Rebate Works
Rather than a direct rebate, the SA scheme subsidises the interest rate on a loan through participating lenders. The government pays a portion of interest, reducing your effective rate significantly. Many households pay $0 out of pocket upfront.
Eligibility Requirements
- โ South Australian homeowner or property investor
- โ Battery must be from the SA Home Battery Scheme approved product list
- โ Must use a registered SA Home Battery Scheme installer
- โ Property must be in a SA Power Networks distribution area
How to Claim the South Australia Home Battery Rebate
- 1 Choose an SA-approved battery model
- 2 Get a quote from a registered SA Home Battery Scheme installer
- 3 Apply for the subsidised loan through a participating lender
- 4 Loan is approved and installation proceeds
- 5 Repayments begin at the subsidised rate
Ongoing Incentives & Benefits
SA's virtual power plant network (South Australia Virtual Power Plant, originally run by Tesla and now expanded) can generate revenue for participating battery owners.
Former South Australia Home Battery Incentives
The SA Government's earlier direct $600 battery rebate (2018โ2019) was replaced by the subsidised loan scheme.