The guarantee provides certainty to customers that they can proceed or accelerate their plans to install a battery ahead of the official launch of the program, while still receiving the full financial benefits of the rebate.
1KOMMA5° Australia CEO Luke Stronach said, “The Cheaper Home Batteries program is an excellent step towards increasing the take up of rooftop solar and battery storage across the country. It’s a win for Australians and for the environment.”
“We want to bolster what the government is offering Australians by removing any uncertainty or trepidation about the rebate by guaranteeing it upfront. We want to provide our customers with the certainty that they can proceed with their installation plans now and still receive the full rebate benefits.”
The announcement addresses growing customer uncertainty around installation timing, with many homeowners hesitant to proceed with planned installations until the rebate officially begins in July.
“While customers who install batteries now will still need to adhere to the government’s timing guidelines around when they can switch on their battery, our guarantee removes the financial uncertainty. Homeowners can beat the rush, install today and still enjoy the full financial benefit of the rebate,” Stronach continued.
There are a number of requirements that batteries must meet to be eligible for the rebate, including that they’re capable of connecting to a Virtual Power Plant (VPP).
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