Future Trends in Energy Bills. What's likely to happen to my energy bill in the future with a battery?

The Cheaper Home Batteries Program starts on July 1st 2025, and provides an up-front discount on the purchase and installation of home batteries. It’s expected to lower the cost to households by around 30%.

The incentive is an expansion of the Small-scale Renewable Energy Scheme (SRES), which already provides the framework for the long-running and hugely popular national solar panel rebate. In addition to homes, the subsidy is also available to small businesses and community facilities.  

The $2.3 billion Cheaper Home Batteries Program will support Australian households and small businesses with a discount on the cost of installing small-scale battery systems. You can find out what the program is here.