ACT offers $3 million to support residential storage

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Six companies have received grants from the ACT Government to support the roll out of new residential and commercial storage systems.

Funds were issued to ActewAGL Retail, Harvey Norman Commercial Division, ITP Home Energy, Power Saving Centre, Solargain and SolarHub, as part of the third stage of the region’s Next Generation Energy Storage Grants Program.

The grants will help residential and commercial customers to cover the cost of installing a battery along with a new or existing PV system. Customers will receive up to $825/kW of peak output, which the ACT Green Party says will amount to around $4000 for an average household system.

ACT’s government says that it has plans to support the installation of as much as 36 MW of new storage capacity across 5000 homes and businesses by 2020.

“The battery storage roll-out program is building on Canberra’s reputation as a globally-recognised hub for the renewable energy industry. Detailed data is being collected from all batteries installed under the program which will inform research and industry development,” said Minister for Climate Change and Sustainability Shane Rattenbury.

““There is now over 1 megawatt of energy storage installed under the program, and this figure is expected to increase rapidly in the coming year. This is in addition to the Territory’s considerable solar generation, which has now reached 100 megawatts, and includes three of the country’s largest solar farms at Royalla, Mugga Lane and Williamsdale, and the solar installed on ACT rooftops.”